Midday Update

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January 28, 2008

Not too much today. Longs in the indexes are bouncing back.

Sold the MRK calls at 2.8 for a gain of 22%

Bought AAPL Feb 130 call options this morning when AAPL was down @ 5.95 currently up about 9%.

FRPT up over 4% right now.


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