Mid-Cap Bear 3X (AMEX:MWN)

ta2122 (90.54) Submitted: 2/8/2012 11:57:54 AM

Recs: 0

Hedge for "expected correction"

Your definition of hedge is wasteful. If you are confident it will happen, pull the trigger. Don't poke around at the idea.

If it's expected why not flip all your positions??? Because you aren't that confident in your expectation?

A true hedge can only be done using a margin account in which you make money as it goes down and on the way up. You sir, do not have a margin account.. Otherwise you are wasting capital...

StocksForLimits (< 20) Submitted: 2/8/2012 12:29:31 PM

Recs: 0

My apologies if I modified my paper holdings here in a way that is not to your liking (tongue in cheek ... snicker-snicker ... um, sarcasm ...)

but, the way I understand the general concept of hedging is that you, at times and when appropriate, take short term positions to either a) protect profit or b) profit from a short term move against the over-arching trend. By laying on a bunch of 3x bull shorts and 3x bear longs, if my 'expectations' are correct ... my ranking should get a much needed jolt. If I'm wrong ... well, I guess I'll just languish down here in the single digits.

And ... how in the hell can you claim to know what kind of account I have based on recommendations made on a paper trading site? You Sir seem to be an arrogant, look-at-me-look-at-me, ummm ... waste of capital !!! To suggest that I close all bullish positions because I think the market is due for a correction is simply stupid and, while it may suit your style ... is not the way I chose to play it.

Thanks for your comments but .... sometimes they're better when kept to oneself.