Today is a new day, and I'm still too short the market (until of course the market utterly collapses), and the market is still rising (at least marginally), and I am still losing money on my short positions. BUT it is ok. Because in truth, my shorts are only a hedge. They're a hedge against the ineptitude of political leaders, a hedge against the hubris of global central banks and most of all a hedge against my long positions.
When I consider my short positions from this perspective its much easier to sleep at night, and enjoy my days!
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