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1 point   posted on 08/15/08
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60%
-2.63%
 risk: conservative

Covering our MOS Short and Trimming Other Fert Shorts...


We went negative earlier this week on the feeble bounce in the Fert sector. This is a volatile market and we are taking profits on spikes down. We are up almost 10% on our MOS short and much more on our MOS September puts at supertradetimer.com. We are still short POT, AGU and IPI, but, we have reduced our shorts and puts to lock in some profits. We would look to re-short and add to our short positions on strength as our signals are all pointing to lower prices coming up.

STT

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