S&P 500 Short Position Update for June 9, 2010

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After trading hours Monday, we shorted the S&P 500 again via the futures market – because, well, we couldn’t bare to be on the sidelines anymore. We had HOPED for a rally that would carry the S&P towards the 1120 or 1130 mark.  It did not materialize. The reversal was sharp and swift.  It was […]

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Well today we are seeing the strong bounce that we’d been anticipating in the stock market (if you missed yesterday’s piece, you can get caught up here). Now that the S&P 500 has rallied to the doorstep of 1100, the question is – how much longer will this rally go?  And when should we re initiate our […]

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