tag:blogger.com,1999:blog-2335748440449035592.post3803495816039042509..comments2008-12-15T12:11:22.043-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-33611221689520406592008-12-15T12:11:00.000-05:002008-12-15T12:11:00.000-05:00because sometimes I favor one and sometimes the other, so they have different weightings<BR/><BR/>I am a bear on commercial real estate but we just had about a 100% move off the low on the long side of which I caught 40% in 1 day, with a 5% weighting (a few weeks ago)<BR/><BR/>Hence I have both<BR/><BR/>Right now they are more in balance since we are in a hope phase. When reality hits about how bad 2009 will be for business closings, SRS should once again dominate. There is some hope now in the group because GGP, one of the dogs of the group, was able to refinance debt Friday. That shall pass at some point.<BR/><BR/>I have the same situation in financials - some long, some short. Since I cannot buy put options against my long common, this is sort of a way to have hedged positions running in part of my portfolio at all times.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-26550621625484513882008-12-15T12:01:00.000-05:002008-12-15T12:01:00.000-05:00Trader<BR/>Why do you have positions in both funds. Normally they do move in opposite directionsslimanhttp://www.blogger.com/profile/02885545198067762872noreply@blogger.com