Buying some "covers" for my Long Term Rydex 200% Inverse S&P500 holdings......still holding a good size remaining position that I entered into fall of 2007.Quote from S2007S:
Just sold some of my last inverse ETFs and have started to add some long positions, will wait for a massive oversold bear rally to get back into QID, TWM, SKF, etc etc.
The next rally will send the markets up 4-5% over one week.
BUY these huge dips....
