Still holding this. It's not going to get the boost that materials are getting from the dying dollar, but still is starting to look like it has a chance of avoiding a pullback to 50 and trying for the highs again. I'm just not sure how long the rally will hold this week. Portfolio is still 60% long, 40% cash. I want to get that down to about 20/80 or 30/70 as we push into SPX 1250.
Just what I do with Magna will have to depend on intraday technicals.
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