-40 or -50 on Naz

That's the question for the day.    Ok so as we said last night, taking profits as the stocks go up is not a necessity, but a must habit if you want to maximize and smooth out your tradingt.     We have been further reducing some exposure today, in an accelerated pace that is.   Could today be the beginning of something?   It's always possible and we are taking a cautionary stand at this point.    You just couldn't help but to feel that we have had it too good and too easy so far.    Going forward will be very very seletive and with smaller sizes for us.   We'd try to stay on top of things and do according to the action.

Right now it's all about protecting your profit.

cheers,