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20DMF
The 20DMF is a little weak today.
I bought a long SDS position at 31.10 and will cover if the S&P500 breaks today's high of 1812.
This position works well as an hedge against some long positions. (SWN, CNQ, SCCO and 1/2 a PCYC position that I been holding for some time now and which is under pressure today.)
Did not pull the trigger on potential retail shorts yet.
Pascal
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