Posted by falcon5678 on 4th of Jun 2012 at 01:18 pm
It's true, respecting the underlying trend in the market is more
important than ever since correlation levels are the highest in 80
years. I don't know how long/short funds make money
anymore...
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Matt/Steve, where would our stop be on the MMR?
Posted by matt on 1st of Jun 2012 at 04:19 pm
Also most of our comments in newsletters have been that longs were short term or day trades. Remember counter trend
Hopefully you entered a lot of the short ideas as any long was counter trend or day trade unless it was an inverse ETF
It's true, respecting the underlying
Posted by falcon5678 on 4th of Jun 2012 at 01:18 pm
It's true, respecting the underlying trend in the market is more important than ever since correlation levels are the highest in 80 years. I don't know how long/short funds make money anymore...