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Today’s Transactions:
Opened a position in DRYS averaged at $65.42 Stop loss if the stock is closed below $53.00 Reason: The BDI index seemed to have bottomed. More important, the BCI sub-index has the biggest 1-day jump ever and this should provide further supports to BDI in the next few days.
Opened a position in SKF averaged at $101.29 Stop loss if the stock is closed below $90.00 Reason: This is mainly used as a hedge to long positions.
Today’s Return: 1.64% Return YTD: -23.32% S&P 500 Return YTD: -7.67%
My positions:
PG UTSI Jan 09 10 Call SOHU ABX POT DKS EEV SRS FXP CAL DRYS SKF
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