CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (8198)	8/8/2008 12:45:11 PM
From: Perspective	Read Replies (1) of 41414

This is a stronger push than I was hoping to see, but it might still be consistent with the final wave of our ED. I still think it would need more time. The first two uplegs were 16 and 14 hours. This one has only run four hours. The window of feasibility would open about this time on Monday through Tuesday. I'd be inclined to join you if I had done a better job of hedging my long-term short exposure on the way up, but I was distracted with family and only got about 1/2 hedged. So I'm already feeling a little exposed here. One must always be prepared for anything that the market might do. Position for the probabilities, but be prepared to handle the unexpected without taking a severe beating. If this is about to turn down into what we are contemplating, it will run a long way, and take a long time getting there. No need to be a hero... `BC

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