Loading...
3 comments
  1. Avatar
    Onlooker

    Is their bullishness a contrary sign? What’s their forecasting record? I gotta say, this is killing me.

  2. Avatar
    Onlooker

    I’ve got some short exposure and some SPY puts Jun & Sep (those are what are really killing me with the VIX down). I only took that on at 820 and 865 on the SP500. I was real long at the Mar 9 bottom, and sold on the way up (much too aggressively, as it turns out). But I still have a substantial core long position in pipeline MLPs and one REIT (O), with cost basis way below here and very good yields (upwards of 10% on weighted average). So my portfolio is pretty neutral actually. But if we don’t get some kind of decent correction from these levels it’s going to be increasingly painful.

Comments are closed.