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Dealing With A Declining Market

|Includes: SPDR S&P 500 Trust ETF (SPY)

Today is not developing favorably, with the S&P (NYSEARCA:SPY) down 1.4% as I type this. Naturally my high beta value stocks are underperforming, so the screen is awash in a sea of squiggling red numbers.

There is one green number, that would be my hedge, some puts on SPY that I picked up while the market was serenely floating upward to 4 year highs.

Here's a link to a nice song, on youtube, I think I'll play it one more time and go for a nice walk in the woods, very pretty this time of year.

http://www.youtube.com/watch?v=pMio4oCndXk&feature=related