From Kevins Market Blog
I am still bearish on stocks and am waiting patiently for a bounce in the market to add to my shorts. I liquidated a portion of my short positions yesterday due to the strength in the Euro, I still own some shorts but was able to keep 2/3 of my gains. Volume was good today due to options expirations and people covering their shorts. Maybe this is beginning of a small rally. Let's see what happens.
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