Let’s Go Long – November 15, 2011

[nickola.pazderic]

If there is one phrase that expresses the spur to active hedging it is this.

I've driven thousands of miles across the northwestern United States. My dad was a truck driver, long haul.



Deer and elk (and they can be taller than your SUV) really do stare stupidly into head lights. I've had friends who have hit ungulates and totaled their vehicles. I stopped a couple yards short of a giant bull elk on Highway 200 near Roger's pass last summer.

As a trader, I've felt like the deer many times. As reckless as I might be, I have decided to protect and profit from the market, I must take active counter measures.