Wednesday, June 22, 2011

6/22 11:30

Announcement at 12:30.  I'm in cash except for 2% EUO. 
Russell is at 31.8% retracement level, prior wave 1 low, and at significant M/As. 
Last week I bought 1% UWM to neutralize my 1% double-short Russell mutual fund UCPIX.  I just sold UWM at 45.20.

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