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Good Hedge or Bad?


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#1 kssmibotm

kssmibotm

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Posted 16 August 2013 - 03:19 PM

I will probably regret it, but I bought UVXY at the close today. The position is strictly a hedge against the remaining long positions in my portfolio. I don't want to be net long going into next week. This is purely a short term, 1 week or less, trade. KMB

People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.