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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So far so good on that short S&P 500 position we initiated Wednesday afternoon via the futures market.  We had a beautiful nosedive in equities yesterday – it was truly breathtaking, really – followed up by a somewhat muted rally that didn’t get going until late in today’s trading day. Heading into Thursday’s trading, the […]

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