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and how much are you losing in your short position, may I ask?
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I lost a good chunk during the 40% rise in the nasdaq over the past few months, but I made some back during the recent downturn. I am a lot more cautious now when to take short positions. I did pretty good the past two days shorting bonds (+3.5% in fund RRPIX the past 2 days)
All we need now is a 20% down week in the nasdaq and I'll be even for the year. If the market does not surpass the september 19th highs early next week we could see some nice declines.
