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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (12652)3/21/2000 7:37:00 PM
From: marc ultra   of 15132
 
I bought a big slug of 2beta short fund with the intention of covering my SPY short and being in a more comfortable position. I feel like I'm going to get a little cute and not rush to cover my SPY short but watch things for a bit. If the S&P500 explodes to the upside and my other stuff does crummy may have to make some difficult decisions. My party time in the market since the start of the year is developing serious imbalances as the green man likes to say. I would like to get back to even on my SPY short since if I could have a problem with the wash rule if I sell and try to take a loss anyway though I know there can be advantages in cost basis if I remember correctly. A nice drop in the S&P after a silly post Fed rally would be appreciated at the moment. Getting closer to crunch time on Bob's call but not there yet as Dipy pointed out I think

Marc
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