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An update:
When CHK fell to $30,20, I doubled my position to 8K. I then sold half of
my shares at $32.50 and am still holding the other half. I'm not big on
doubling down like that but I'm in a comfort zone with this one.
Sold my MOT at $23 from a purchase at $16 and sold my large position in
PDLI at just under $30 from a purchase of $13. Have added 1k of PDLI back
at $26.50 and will look to buy MOT back after earnings on Tuesday.
Other than a couple of low cap oil plays and 3 shorts, I am out of equities
until we get by the 22nd unless we have a really big hit and then I'll buy
back in and cover the shorts. I still see high risk to being long until
the last week of the month and then less risk for Nov and Dec.
Good trading next week folks,
Bob
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