Thursday, February 19, 2009

Early Trades (hedging shorts some for the moment)

Several positives are working so far today and breadth is quite firm. I went long SSO as a brief hedge, 20.35. I did sell the POT trade at 85.55 and I did double-up on my SGY short at 5.90. Accounts are higher here on the day so far (slightly), so the longs and the short-mix are not so bad...but so far neither today is the market.

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