Thursday, February 05, 2004
Mid-day Update
I was in the process of publishing the mid-day update and my system crashed. I don't have time for a do-over. Basically, a Fed governor made comments that led the market to believe tomorrow's jobs report will be very good, thus the market is rallying in advance of this number. I am covering some shorts and adding a couple of longs to move the portfolio to a 20% net long position.
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