Allocation Shift: Closing Shorts, Adding Longs

A quick update as to our trading posture:

-For the past quarter, we have been about 50% cash with  a handful (20%) of longs (HSY, MTZ, PZZA).

-For the past month, we have been increasing our QID, SDS and VXX positions until as of the beginning of last week, they were 30% of our Long/Short portfolio.

Today, we covered all of the short exposure

Our current posture is 30% long, and 70% cash 25% long, and 75% cash.

Before we make any large asset allocation moves, we will wait for the dust to settle and the picture to clarify.

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under