Sold Index Longs This Morning

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June 3, 2008

Sold my index longs this morning. I’m actually posting this as the market is breaking to the red side. I took advantage of the 1% up move this morning (remember: double beta) in the indexes and got out. I’m looking to get back in long depending how the market reacts near the close to this negative tape.

ACOR of course continued a little higher today. Another 6%.


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