Monday, October 13, 2008

Two Scenarios -

We finally have central banks world wide operating in unison, particularly in Europe. Will it be enough to loosen the credit screws? If so, the trimming of my short position on Friday will be well timed and markets will starting gaining ground. Otherwise, if this is just a mid-point in our tumble down the stairs then my remaining position may still reap rewards.

It is the one benefit of hedging one's position - you can hedonically edit your experience to a positive one.

(Thanks AlphaTrends)