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Recently Closed Positions:
Current MPY: 0.5%
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Day Play:
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3-Day Play:
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Longer:
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Commentary:
Today may be the beginning of more and more bad news from international markets. Now that the market has taken some sober steps backward we hope to see some sustainable advances. We expect a 2 steps forward 1 step back pattern. In fact it may begin reversed, perhaps as low as DOW 10k, then equal, and finally steady long haul 2 up 1 down climbs.
Those steady climbs will be our sign to hold a bit longer than we have been. Lately we have been averaging < 3 days. Mostly because we expect days like today. We still think NBG has something up its sleeve. So we keep it on the list. We averaged in and expect gains beginning next week.
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Daily or Weekly BS!
Global warming, love to say we told ya so!
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