hedge now before it is too late

[sr55662]

All

I know i am raising a very controversial call but as some body who has beneficent immensely from the collective wisdom of this group I have to warn people even at the risk of being ridiculed.

this group professes a diversified asset allocation plan with a steady growth rate in mind. and that is the right strategy for the long run in rational markets. Also this strategy requires one to be naturally long assets. diversification in assets is suppose to naturally hedge against the market/event risk. Unfortunately these are not rational times and there is unprecedented correlation in all asset classes across world markets. The short term event risk going into next week's European event is just too high to not be hedged against this risk.
The best thing would be to buy some puts on SPY. But for people who are not options trader's you can get this exposure by buying SPXU etf. it is 3x ultra short exposure and hence provides u sufficient leverage.

SR