Well, I am as foolish as you are since my heavy cash position is equivalent, in essence, to your short position (and I consider my NEM position a "short" surrogate...<g>.). The difference is that when I am wrong on the direction and heavy in cash, all I lose is the opportunity, but if I were to play both sides, I would have the opportunity to lose on both sides (g). I'd better take a load of those supplements, I must have missed my B12, that is why I got "fooled" today (vbg).
Zeev
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