- Anyone putting on hedges going into tomorrow?
If so, how and what are you using as the hedge?
- Cardinal Health (CAH), McKesson (MCK), AmerisourceBergen (ABC) are all health care supply distributors, which I think is good in this environment, and are beaten up and cheap -- trading at PEG of 1 or less on 2008 earnings.
Should I load up the truck?
- I've got a ridiculous position in Black & Decker (BDK), and it just got bigger and riskier. Now I'm scared -- short term. I'm going to short something right now to hedge against this BDK, and also against inflation if possible, and I would like some recommendations. I've been thinking about Lowe's (LOW) or a homebuilder. Consumer discretionary, American. Ideally, I want a stock that will go down with inflation or with BDK.
- I used to intern at a major investment bank. Everyone seemed to get in at 8 or 8:30 a.m. I'll bet that the reason you started your day at your old hedge fund at 4:30 a.m. was so that you could get a MAJOR jump on these idiots each day.
Am I right?