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sherstock holmes

03/01/16 2:27 PM

#786 RE: blackcloud_trading #785

I got some today, not quite at lows, but close. It's been a great insurance or hedge bet if one is long equities, notice this topped out on 8/24 and 1/20 when spy bottomed out. So hard to tell where things go from here, with US equities anyhow, but think the ruble and russia have 1 place to go from here unless huge oil/nat gas recovery, which I don't see happening. Options prices seem expensive, so just got shares this time, so won't lose on decay if oil and RUSS hang out here for a bit.