Hedge Update: Closed out FAZ

Market was pretty strong today- closed out the short near the close (FAZ) for a minuscule loss (-3%) on a very small position (18.60). The new long (accumulation) turned out pretty good so far-looking to buy more...There should still be plenty of time in here to build a bigger position in "XYZ2". Still cautious on the market-so not rushing in. 1st purchase up 2%....just a nibble in here for now....