Crappy Tape Turns Less Brown At The Close

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August 21, 2008

For some reason this market is not selling off the way it could and the way it should if this market is tanking. Instead, to me it looks like a normal, rational, pullback, after an otherwise huge upward move.

So I still stand by my mantra, buy the weakness.

PLUG – Working pretty well, up 3% on the trade.

CPSL – I REBOUGHT CPSL. I like the way the charts are setting up again. In @ 4.85

CALM – I’m now down 4% on the trade. From up 9% to down 4%. I’m not ready to let it go yet.

The UWM and QLD position I’m now down around 1.5% average.

MRVL – Flat on the position.


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