Short term bounce

Looks like we'll have a short term bounce. I'll use it to reduce positions and sell some covered OTM calls for the positions I want to keep.

1. The best decisions I made recently, reduced some positions, I sold some KOL and MOS for a profit and then bought MOS back.
2. Also sold some covered OTM calls on my positions, this is to reduce downside risks. Not as good as just sell the positions and then buy back, like the 10% drop in two days, it's prudent to add some positions back.
3. I sold DRYS (bought at 16, sold at 21), then I bought again at 15. Turned out to be bad, now it's 13. I need to be careful with this, I got burned in MF,WM and MS. Now is time to stick to solid names, like MOS and POT.