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  1. phil
    November 19th, 2012 at 12:03 pm

    OK, back to sort of normal.

    Covering AAPL – Very tempting to do so and we regretted last time not selling calls at $550 but this is a 5% move up and they are paused, as near as I can tell, at the 5% line ($555).

    Oil popped back over $89, now $89.42 – so much for our first line on /CL.  We don't want to be too quick at $89.50 – better to be sure it's failing than jump in too early.  $90 is a line we can short with more confidence.  Oops, while I wrote that we popped over $89.50 so we're not getting in the way of this move – opposite of a falling knife.



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