12/02/2011 Portfolio Update

Cobra's Market View Private Messaging System shows:

Another not so great day for portfolio, as the bond short took a heavy blow. Interesting, nowadays, bond is actually the most volatile asset.

UUP buy order got filled today, this is a pyramid position.

Now the system is heavily sit on the long side, hedged automatically by Dollar long position that is 1.5 times larger than normal (as it's pyramided). Hopefully, it won’t be too ugly in case we see some sharp pullbacks the next week.


  • Anonymous

    How can the UUP (US Dollar) up and market up at the same time?
    Shouldn’t that UUP go down when market is up?

    • Yes, that’s why I said it’s an automatic hedge. During a trend transition period, different asset changes trend in different speed, so the fast trend changer because the hedger automatically.

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