Doubling Short T-Bond Positions Today
Our defensive posture has been working well since mid September and the first support level in stocks is coming in range. We want to maintain our short stock position for much more aggressive long-term objectives. As such, a short-term trade initially and maybe to be kept as a long-term trade we are doubling our short positions in T-Bonds and gold this morning. Buying the short ETF TBT and double short gold ETF DZZ is the easiest way.