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November 19, 2012 at 10:37 AM EST
Random Thoughts: Anatomy of a Rally
MINYANVILLE ORIGINAL Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter. On Friday I scribed the following vibe on our real-time Buzz & Banter: "Yesterday I shared that the combination of 1) BKX (INDEXDJX:BKX) 47 (the 200-day moving average drawn with a crayon) 2) the S&P (INDEXSP:.INX) trend-line (since the summer of 2011) and 3) the defined risk inherent in those two levels was enough to trigger some long exposure by yours truly. My vehicle is some out-of-the-money December calls in the S&P which may or may not be the right time ...
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