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Re: learningboutinv post# 56445

Tuesday, 07/29/2008 11:58:39 PM

Tuesday, July 29, 2008 11:58:39 PM

Hi Learning! I think I understand your dilemma. The market takes its time to decide the next trend and in the meantime we cannot take a clear position. The main factors: financials, oil and metals seem to leave the Qs in the shadow. I am personally trying to stay hedged. How? Well, if you think that the up-trip of the financials is an engineered hoax, short them or the SPY which has a significant bank exposure and buy the Qs for a swing. If you take the opposite view, act in the opposite way. But for the time being I would not stay un-hedged ON. Good luck!

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