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June 25th, 2011 at 11:30 am
henryedelman –
We are not gamblers, we are strategist and risk managers. Notwithstanding selling RUT naked requires massive amounts of capital. Look at the other side of your argument, what if there is a violent move to the up side, what happens to the naked short position. We have been around long enough to realize that anything can happen in this type of business and not to take risk management for granted.