timberrrrrrrrr, page-34

VT and Prophet

Indeed I do attempt to offset my long funds with futures.

When markets are decidedly bearish I take 50% more short futures positions than when long. This is not at every bear indication, but when it appears as a prolonged move.

Markets are a 3 legged stool. One leg is always bullish. So one needs to see 2 legs bearish to be short.

I am talking investment here not speculation.

For me speculation is Ferrari money and investment is comfort money.

Each to their own.