hedging

Currently using SDS and MZZ as hedges, they are short funds. I can't see how corporate america is going to keep consistantly beating quarter after quarter. I would think if anything the Fed has done has been working that we have to begin seeing some earnings forecasts heading down rather than up. I think this could be the quarter and I am thinking about going more short. It appears that many of the bloggers have gotten this move wrong, they were leaning short too soon and then they turned bullish and are now I think possibly leaning in the wrong direction.