I know this is a general trading thread (meaning no 1 style), but I think I speak for most on this thread, that we do indeed try to "time the market", and we make no apologies for that. If this is a step too far for some, then so be it.
If we lose, we take it on the chin, as we can accept the loss. Results have shown us we dont need to pay a premium to to protect a position. If anyone wants to do that, then fine, each to their own.
CV has prodded the value of the hedge, but this is related to a position already taken, which is completely different.
Sorry for the guys.
Back to trading!