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  • Dr. Paul Price 2016-07-18 09:53
    jsoumilas: Dr. Price: With the P/E multiple on the S&P being quite stretched at this point, would it make sense to purchase an ETF that is short the S&P?
    I agree that the overall market is pretty expensively priced.

    Hedging is expensive, however, and rarely pays off.

    I'd rather just sell overpriced holdings and hold cash or rotate into better values.

    Paul

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