When in Doubt, Hedge Up

This morning I had to run around, sashay to and fro, so I applied 25% weighted hedged to my account, which all but negated the gains ENJOYED, or lack thereof, in the rest of my account. In a BOOL market, this is to be expected. However, in an evil bear market, such as this, one would expect the opposite.

For two days now I’ve hedged WRONGLY and given up my gains. Considering I am merely down 10bps for the week, no harm, no foul.

I am still holding these hedges, namely SQQQ and TZA, because it is my belief, based upon the tingling feelings in my nuts, we are to CRASH THE CLOSE again. Perhaps this is all fanciful wishful thinking. A boy can still dream.

An update at House Fly:

The entire house inelegantly is afflicted with plague, sans me. I suppose because it nearly killed me 3 months ago (over dramatization), I have enough anti bodies to fend off this scourge. Back in September I was racked with 104 fever for 10 days and listened to the entire history of the Mongol Empire for 35 hours, which because of that — I am now a foremost expert.

Did you know when Mongol hordes besieged walled cities they’d simply build a bigger wall around it and lock them in and also shoot arrows down from their superior walls? Something to think about, or not.