July 16, 2008

1 – Climbing out with guns blazing; 2 – REAP groups

CLIMBING OUT
Today, both REAP and the S&P500 climbed out of their fox-holes in counter-attack with guns blazing.  There were no trades today, but REAP, despite still having hedges on, kept pace with (and it’s lead over) the S&P500 in today’s big rally.  The decline in oil was a contributing factor, as it caught up to [...]