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Thursday, January 20, 2011

How I am trading MF, and debating RHT

MF - If it rallies toward 9.50 before earnings, I will unload 1/2 the position, and let the rest ride through earnings. If, at any time, it is between 7.50 and 8, I will add 1/3 of my position.

RHT - They should do well this quarter, and get back into favor w/the street. But it does not help that other high fliers (ie FFIV) are crashing. I have to see how much punishment I can take with it. May have to sell it to reposition my self into ATI (prior to earnings). Right now its a wait, and see game.

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