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Strategies & Market Trends : Resource America (REXI)
REXI 9.7800.0%Sep 9 5:00 PM EST

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To: Prof who wrote (175)10/9/1998 4:09:00 PM
From: Sword   of 220
 
The entire financial market sector is up today. So it's not surprising that REXI is getting a bit of support, although small at that. I am keeping REXI as a short and will do so even if it doubles, unless something fundamental changes. It is a small part of my portfolio. The only way to hold shorts is to diversify. If you are nervous about the price action, cover some until you reach an exposure with which you are comfortable.

-Sword
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