June 22, 2009

$ES_F, $SPY,$SPX OUR INTERMEDIATE MODEL CHANGE FROM 40% SHORT TO 30% SHORT

Consider buy to cover 10% right here around 891 on SP Futures

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CONSIDER TIGHTENING STOPS ON ALL OF OUR PROFITABLE SHORT SELL POSITIONS

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CONSIDER TIGHTENING STOPS ON OUR PROFITABLE SHORT SELL POSITIONS ON COAL STOCKS $BTU AND $CNX

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CONSIDER TIGHTENING STOPS ON OUR SHORT SELL ON $WLP (WELLPOINT)

We are short on WLP from $51.90. Those following our methodology should have taken profit on 10% of the position at $49.92 and should take profit on another 10% right here around $48.95.
Consider tightening the stops on the rest. We recommend a series of stops on partial positions

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