Quote from Maverick74:
I try to use XLU sparingly because it's double dipping. In other words, you are trading an inversely correlated product. It tends to go down most of the time when the market goes up. Meaning, if we roll over, not only will you lose money on FCX, but XLU will now spike in your face.
Ok...good to know. Caught 100 bp in about 10 minutes in that, I was like woah!