A diary of the thought process behind my investment decisions
A Buy And A Good bye
I took a bullish position in Medtronic today and shorted the SPY against it. I am short of time and will explain my Medtronic trade at a later time. I will be traveling overnight so posts tomorrow will be sparse. Have a good night.
nice trade. lately my fully hedged shorts have been misbehaving -- you may consider revising it to 25% net long or something (ie 75% short value) just in case it doesnt do what you think. You'll be a touch more exposed but if the broader mkt rallies and medtronic doesnt keep up, you wont be caught in a bad spot... just an idea. Otherwise I like the trade very much
1 comment:
nice trade. lately my fully hedged shorts have been misbehaving -- you may consider revising it to 25% net long or something (ie 75% short value) just in case it doesnt do what you think. You'll be a touch more exposed but if the broader mkt rallies and medtronic doesnt keep up, you wont be caught in a bad spot... just an idea. Otherwise I like the trade very much
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