Absolutely. The sellers were not present when we touched 882-878 last Friday, so I increased my hedge accordingly. In hindsight, I wish I kept them even though my BE on the futures is at 998.66 counting my latest closed hedges :)
This is a classic "Screw the short" type of run. So, I'm gonna do "screw the longs" type of dump, and offload my last 10%er on them here at 908.5. Back to Zero hedge. Now, will god help me again this time around? Not a chance :D
Imagine if the US market does this one day:
http://finance.yahoo.com/news/India-stocks-vault-17-percent-apf-15279075.html?sec=topStories&pos=2&asset=&ccode=