Replies to post #651042 on Zeev's Turnips Patch-No Politics (ZEEV)

[special_ed]

CR,

have you ever considered buying calls/puts on UCO/SCO?

also, NuetralMan over on the SPY board is mostly long & short on the Qs, a-mazing.

Ed

[Smart_Money]

Your skills are far beyond mine. I find it difficult to turn lemons into lemonade. Cut and run is my motto.

[fabian]

CR. You have market related shorts that are at roughly breakeven or under-water, ["legacy positions"]. Do you have specific or general stop losses in mind for all of your market related shorts [domestic-emerging market etc] or will you let them go against you and "hope" for the best should the market break above the 50 day and start romping higher?
It seems like the latter has been the approach for the last year.
How has that worked out vs. stopping out losers?
Have you made a lot of money overall by fighting the trend, then letting losers run over the last year vs. being with the trend?

F