The daily pattern has recently been a weak opening followed by a ramp, just the reverse of a G&C (except few days last week), jumping in early and holding through lunch (today would have been better holding through the close...) has proven quite fruitful. I am fearful, however of going to bed with much less than the 45% cash level or so, though today, because it was so outstanding, a lot of profits were offered and thus my exit position is now close to 60%. Frankly, when exuberance takes hold, who knows when it lets go...
Zeev
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