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kpdrummer1

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kpdrummer1

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Tuesday, 04/08/2014 8:40:49 PM

Tuesday, April 08, 2014 8:40:49 PM

Post# of 49411
I don't think I'll have the guts to hold my May 55 calls into earnings - I'm looking to sell them as FB nears short-term resistance at $60 - Parts of this market have been damaged and there's a lot of overhead supply on the high valuation momentum names. The best performing group this year are the utilities. The 50 day moving average just crossed below the 200 day moving average on the the 10-year bond - implication is for very slow GDP growth in 2014. Be careful out there! GLTA
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