Every body take a deep breath and say OM. Experiencing it last week had a bizarre feeling highlighted by our frenetic efforts to hedge our CANE&M positions so we could…
At 10:27 San Francisco time with the market looking like this we increased our hedges and are now net short the indices. As we said earlier attempting to trade these…
30 minute chart of Dow, last 10 days. So we put a partial hedge back on. We're beginning to feel like day traders and we don't like it at all.…
What a difference a day makes. This looks to us like the end of the flush, so we lifted our hedges. Don't get too comfortable though. We think there re…
The flush is in operation, it appears. Virtually everything we own is tending lower so we will probably be increasing our hedges today, hedging FAS with FAZ and UPRO with…
