SHOULD I CUT THE SHORT BOOK?

This is a free preview of a paid episode. To hear more, visit www.russell-clark.comI suspect in a special hell just for hedge fund managers, they are forced to run net short all the time. Making money shorting is tough - and even when it goes well, it can so easily reverse. While stocks can surge higher every day without a correction, I have never known a short not to bounce with perhaps one exception back in the GFC era which just fell 90% in a month.This year, despite the US being flat year to date, the short book has made money. Should I just cover?