Quick Update

Just sticking my head in to say that the BLK and TOT short positions were covered in the Channeling Stocks portfolio. TOT almost reached its $45 target several days ago, and today’s up movement looked like the $45.02 low put in then was probably the channel low. The nebulous part about playing channeling stocks is that sometimes the target value is never quite reached, and I believe that if the stock starts to move in the opposite direction, it’s best to get out of your position.

At least I made a profit on this one. Yay me.

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