In edit and here I have taken another $.80 from IDPH, out here at $40.80, more than $3 on that one today...Not so good on DNA though, out here a $35.90 for just $.45. Also took off GENZ here at $30.57 for just $.30. back to 56% cash...
I am never that arrogant, I don't remember 100% or 0% cash (well during the day, I have been few time "tapped out", but always closed with some cash). This number is a very long term number, not something I expect to happen in the next two months or so. It simply fit with the position I have taken since around the October lows, and the run to 1426 in the last months, without a good retrenchment, the bullish case I had for next year (which was 1940) has a diminishing chance of materializing.
Zeev