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I took the index longs to cash Friday morning which ended up not being as smart of a move as just leaving them long till the close. However, I went back to a long position in the funds, thinking we get a currency related Santa Clause rally this week. By currency related, I mean reversion …

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Well being long the indexes did NOT work today, but two other trades did. BTW the indexes lost 1% against my positions. That sucked for sure so I reduced my exposure today in the indexes at the close. TITN – Continued its breakout today and saw some nice volume near the close. Up 15% on the …

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Churnfest 2008 here. Lost back what I made in the indexes yesterday. 4% loss in the NDX, 4.6% in the RUT. Ugh. I shouldn’t have been as exposed as I was yesterday. Lesson learned. Pretty much lost a little on a bunch of trades today. Sold: IMB @ 8.09 for a loss of 3%, COIN …

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Bought: IMB @ 8.35, YRCW @ 17.8,YHOO March 32.5 call options @ .56, XJT @ 3.07, EMKR @ 14.47 Sold: CSUN @ 9.06 for a 1% loss, DAR @ 12.89 for a 12.6% gain – worried about some gaps lower – will buy on pullback, XJT @ 2.95 for a 3.9% loss, EMKR @ 13.9 …

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Being long. The indexes put in a huge day. 4%+ for both the RUT and NDX. Big day for my accounts for sure. AMAT – Nice move there too. I sold early even with the 150% gain, but the trade was a good trade regardless. The calls finished up around 350% as AMAT closed at …

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