Took The BIIB Off

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December 27, 2007

With the RUT now down 1.5% and the market teetering a little bit, I didn’t want to risk anymore with the BIIB calls. Took a 13% loss. They were breakeven yesterday and I almost took it. Either way happy to be out of the trade as it was an off system impulse trade and those are always crappy trades for me. This still might come to bite me in the arse, but I won’t care so much if it does.


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