Thursday, October 30, 2008
Hope It Will Holds, So I Can Offload (without hedging it in brokerage account)
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Time is now 2:30PM. NDX is siting at the level of 1338. It is a critical level. The best scenario for us would be if it breaks and goes to the level where it will be ideal to short it. That level is 1375 area.
We are however getting ready to start hedging the retirement position if we judge that it is too risk to keep it exposed in case of a start of a selloffs.
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