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Reduced Risk, Locked In Some Gains

From Short Takes
November 30, 2012 - 4:17pm
We took some profits in technology stocks today by reducing our stake in QQQ. The short-term risk-reward profile for the markets is cloudy. We prefer to lock in some gains when QQQ is up (we sold when it was in the black) rather than during a pullback/mini-panic. After the Sunday talk shows, the [...]

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