I'm fully hedged here w/shorts taken again between 750 and 756. Does look like there's more upside though in the gen. market after a pullback. I'll be buying energy and maybe a few others. Not sure yet. May be content to buy some energy and then short when gen market tops out IT/ST. Have SDS, SRS, SKF in that order of size. Maybe just a daytrade. Bottom of channel on around 742 right now on SPX. Might be content w/that. W/it rising maybe 745. However, I'd be somewhat surprised if we don't dip deeper in the next 1-3 days.
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