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Aug 14, 2007 3:56 pm |
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How to hedge against market downturns |
Michael Fackerell
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A lot of pundits are saying that there will be more trouble in the realm of financial stocks. I heard Marc Faber on Bloomberg saying something like 40% of the income of the S&P stocks relates to the finance industry.
If this is true, then its wise to hedge against losses in this area.
I have an in the money put option on the DOW and a fair bit in a ultra short fund called SKF. They're both up today and they hedge my gold and silver stock portfolio well.
Private Reply to Michael Fackerell (new win) |
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