i have been in the same holes with you. last major long deployment took 6 business to get out with profits. i do not want a deja vu on that one again. one of these times the market is going to go whoosh and i want to be short. its funny i have only had one net short position in last 22 trading days. everytime i think i have a good entry we barf preventing my short entry. there is something to be said for the ability to trade intraday. i could have a boatload more profits if i could.
i have seen you say up to 200% long/short. i am assuming that is a plus minus 2x fund and the current 60% long is a 1x long. do i understand your terms correctly? steve