Covered SLG short just now @ $90. Taking precautions ahead of employment report Friday in the likelihood that the market could swing a couple hundred points in either direction on the back of that report.
Ninety bucks looks like the last remaining support for SLG between here and sixty. Wouldn't be surprised to see it attempt to hold these levels in the short run. Ultimately this dog is going lower and I'm not done chaining it to a tree and beating it with a stick but having made seven points in six days I'll play it safe and bank some profits.
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