Currently trading the Nasdaq, the Sp500, the Nikkei, the Euro, and Oil. Although you would think that the first three assets are highly correlated (they are), all three have systems that go long/short; it is quite common to be long 1 or 2 and short 1 or 2 markets. This provides necessary hedge function.
Have no opinion about the market that I’m will to trade upon. I know it is expensive and probably will get more so. I suspect next year will be at least one 10%+ decline. I’m ready to surf…