I took a position in HED.TO friday. This is the 2x leveraged TSX energy short. So for every 1% the TSX energy index goes down, the HED.TO goes up 2% and vice versa. I am using it as a bit of hedge against my long CQE.TO, FEL.TO & GMR.V positions. The markets have been up for 7 weeks in a row so I am looking for some sort of pullback in the short term.