Edited by CLK, 27 February 2007 - 03:52 PM.
Almost hit my 1000 point day
Started by
CLK
, Feb 27 2007 03:51 PM
2 replies to this topic
#1
Posted 27 February 2007 - 03:51 PM
Wouldn't have took much more to push it on down.
You just can't know when these things will happen.
Account saved by the hedge, dead even with yesterday
on a 90% long position.
#2
Posted 27 February 2007 - 04:46 PM
that must have been one hell of a hedge. How do you get a 10% short to cover a 90% long?
#3
Posted 27 February 2007 - 04:53 PM
I went back and checked, it was actually 15%, I guess the VIX added a bunch of premium.
Wish I'd shorted more.