MACR has even more downside

Discussion in 'Trading' started by heilbronner, Jul 24, 2003.

  1. What comes to my eyes is the big gap @$ 14-15 area. MACR is very weak for today, tried to short, but didn't get a fill when it was trading above $20. So I will try once again at closing time.

    I use it as a hedge/spread.

    Besides, MACR management isn't conservative at all. MACR has a long history of too optimistic outlooks, IMHO fund managers don't appreciate that much.