Hedged Again

I have used this rally towards 1105 to hedge my portfolio. My portfolio is now market neutral. I suspect the S&P 500 will reach 1115. However, because I believe the intermediate term trend is lower I will err on the side of caution.

2 comments:

Anonymous said...

Why worry about 10 points of upside when there is 500 points of clear air on the downside?

Anonymous said...

You should get Prozac to advertise on your site. I don't think I have ever seen a more depressed bunch of people.