I Prefer Cash Over $HDGE

Owning HDGE was appealing to me several weeks ago because of the technical state of their short positions. Since then, things have changed, as stocks like CLF, CMG and FSLT shot through the roof.

In other words, the managers at HDGE are imbeciles and cannot be trusted with my money. I will initiate short positions on my own.

NOTE: Cash position is about 50%.