And GS is nearing 200… bastards. May they stumble and chip a tooth.

As a basic long index investor, who has some shorts to take the sting off of the (inevitable?) crash, I’m still OK (though the losses of the shorts took away from the gains of the market, but then, that’s the point of hedging).

I’m planning to keep my shorts, because I’m still convinced that we’re in for a second, deeper, round of trouble. Mostly, I keep my shorts to hold like comfy teddy-bears on the tougher, down days…