Thursday, October 6, 2011

To hedge or not to hedge?

Is the broad rally real or Memorex?  Arguments are valid for both sides.  Still wish we got SPX 1020 out of the way sooner, rather than having it hanging out there potentially for later.

Base metals, oil & gas... these are a couple things I am considering against precious metals positions.  Maybe back to commodities - which are at least cousins to the PM's - rather than shorting the broads?

Most people should just appreciate healthy levels of cash until this market proves something.  That may be what I stick with as well.  Will not necessarily report to the blog what I do.  This is trench warfare after all and decisions have to be made quickly and decisively. 

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