volgoat, this part: I expect PPHM to go up with the rebalance, always did in the past ... is a correct observation, it is actually fact. if this means that the PPS went back down on bad news, then it is correct to but that would have happened without any ' R EXIT' too :) and then shorted back later after another trial failure but this part must be an opinion I hope. or some other PPHM self induced shot in the foot.