Thursday and Friday, added to position in inverse hedge fund, PIMCO's PSTIX.
I expect most likely market direction this week is down, and expect to add more.
For anyone interested in such a hedge, I made an original post on personally using PSTIX, here:
Good luck all...
Sold ET. I returned to this company too soon. Not a big loss, but an annoying one because I broke my own trading rules with this stock. Serves me right.
Thank you R48. Be assured I'm watching closely. Bought some HDGE on this strong market up day, but not too much. I continue putting cash to good use trading mkt neutral options.
Fool me once shame on you...................
after NRZ call recently, where all was good was message, now div is effectively suspended, I don't trust them. reminds me of GE declaring div was safe and then cutting it weeks later.
Sold 100 of MMM @ 139.20 in taxable account that I had bought on 3/12 @ $137. Small profit. Why? Had already bought replacement shares in my 401K 100 shares @ $120.
Bought 100 shares of WELL @ 45.99 in 401K, Why? 7.56% dividend.