Tired, Dazzled and Confused

I'm tired. Thinking to take some vacation soon. It's hard to take a read on this market now. It's been in a range trading since May. If it stays there, maybe it's time to buy some downward protection. I'm thinking about options on some ETF.
On the other hand, September started great. No real down day yet. Three major indices are trading above 200-day moving average. We might get a breakout at last.
Dazzled and confused. I'm going to think couple of days and take some action. Probably some protective action.

Selling some PGF

Forgot to mention it in this blog: I sold part of my position in PowerShares Financial Preferred Portfolio ETF (PGF) last Friday. Reason: plain old profit taking. I'm still holding a significant position in PGF.