MarketTrak Question/Comment Message


Posted By: G. Smith   Date: Wed Dec 26, 2007

Title: ANO and trading question

Message:
  We had a good run-up but now the ANO has turned down. When do you start to reduce your long position?

Response:
  The trading model doesn't consider partial positions. Perhaps that's something we can look at in the future. However, it does make sense to reduce a long position if you see that the ANO is trending downward at a rate that it will hit the CASH set point in a few days.

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