Equity Market Neutral

You're a hedge fund manager. You are running your portfolio as equity market neutral, meaning that you don't care whether the market goes up or down; you make money on the interstitial movements inside of your portfolio's position in the market.

In theory, you have the same exposure to long positions as short ones. Maybe you went long with leverage on KO and T and GE and you were short, using derivatives (bought puts, sold calls) to the same relative amount, betting that F, GM, and MSFT would all go down. You are neutral. Meh. Eh. And whateverish.

You just want your names to move more than the overall market so you can see: Earn The Points.