Thursday, April 5, 2012

Double Shorts Continue to Go No Where

CCI thought that the market might erode into the three day weekend.  Hence we purchased the double short etf for the S&P500 (SDS) at the market close on Wednesday to provide a small hedge to the portfolio.

Today this double short.....went no where....again.
Closed the position for a negligible gain, essentially another tie.

 0-1-3 trying to use the double shorts as short-term hedges this year.

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