10/23/2009 Sell 1/2 UltraShort S&P500 ProShares (SDS) @ USD38.32 American Stock Exchange

Reducing SDS exposure by 1/2. Last 2 week action was terrible because of SDS. In future I plan to minimize SDS role in our portfolio. It is a passive tool that has little to no value in market like today. Best hedging for pennies is simple cash and diversification. If market sells off hard, SDS won't save us. If rallies big time - SDS eats all profits. Is not this a stupid way to protect ourselves?