I have a strategy that consists of several positions that are mainly half long half short. However I have another one that can get several like 80+ positions all short or all long. This is way way too much risk (at least for me) and what I've been doing is if I get long, I just short SPY. I'm assuming i'll break even with this trade less commissions (I do not have slippage, as I know how to use the correct combo of order to achieve this). However i'm thinking that GOOG is a better alternative. You think I should hedge w/ GOOG? or keep on hedging w/ SPY, GOOG will definitely cost less but is is correlated enough w/ the mkt to warrant the change?