As emini suggested above, i did some research... i think there is a possibility of a sell off coming in near future so i bought SDS to hedge against decline on S&P500. i didnt want to play with puts, easier to just use an inverse etf.

anyway krazyhorse, it seems that POT and IPI both are pulling back.... i think its going to test the thursdays lows... hopefully not... i want to sell this IPI soon.