Sold my SRS this morning north of $108. I think it goes higher, atleast $120-ish in the not too distant future but I got pretty close to my short term target. Made nine points in a week and a half so I'm cool with that. What can I say, I love to take profits. Looks pretty smart to have done so thus far. A big profit on a leveraged bet like that can disappear very quickly.
I will wait and if given the opportunity re-load at a lower level.
Tuesday, July 1, 2008
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