JBLU and TTI Stopped - Cash is King

I am not going long until I see a change in market sentiment. The only stocks that I like are TTI, ESV, DO, GRP and anything else enabling oil exploration.

It is not too late to buy puts and that's where I'm heading for now. I am shifting to a blended startegy:
1. Long on Oil exploration and delivery
2. Short term Puts on housing, luxury and consumer durables. This is late, but I see some opportunities here
3. Long term positioning - select buys of amazingly oversold stocks