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Re: marchjuly post# 29590

Saturday, 04/16/2011 3:25:02 PM

Saturday, April 16, 2011 3:25:02 PM

Post# of 34471
he undoubtedly sensed something. He DID acknowledge that he was hedging his long position with options in CCME - he said this several times, but I ignored him simply because I've never been an options player because I have much less trust in my ability to predict confidence levels of price farther out in the future. But without hedging, I was actually maximizing my risk. So in the future, I guess I should not be overweighting specific stocks without hedging.

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