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Thursday, March 05, 2009

Oversold

I picked up an additional 100 shares of CEMEX (CX) at $4.63 and decided to lock in my profits by selling my Ultra Short S&P 500 (SDS). I think the S&P 500 has some additional downward movement, but I don't want to get too greedy since I've already locked in a 49% profit.

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