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Friday, December 12, 2008

S&P Pressure

Went short via the UltraShort S&P 500 ProShares (SDS) on Tuesday at $81.34. Today the pre-market is laden with heavy downward pressure, poor jobs numbers, and failing technicals. I am always leary about holding certain positions going into a weekend, so I may try and lock-in profits on SDS today.

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