Whether going with XLF Puts or long FAZ (3X Leveraged Short Financials) or GS more specifically, all of them are looking very interesting, they may even have some very near term down side, but as for the larger position, I think they are ALMOST THERE, NOT QUITE.
I think there could be some short term downside, but I wouldn't be bothered by that, thinking you missed the boat as I think the bigger position is yet to set up, but very close.
I prefer to have short exposure to Financials, Energy and Tech at a bare minimum.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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