What Worked Today 8142007

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August 14, 2007

Being short. Today was another good move – better than yesterday. 3.4% in NDX inverse funds and more than 4% in the RUT inverse funds. We did see exact low closes today across most indexes. I’m looking for new lows tomorrow but a higher close off those lows. If we get a down morning I’ll look to cover my short in the indexes.