We added to EMC today on the pullback at the 20 day moving average. We would have bought calls on SPY or UPRO but decided to spread our risk out a bit better by adding to our core tech holding EMC, which also displays a similar chart as the S&P 500 (Both are on the 20). If the market falls, so will emc, however, it will be less of a blow to the portfolio than if we bought a triple S&P 500 (UPRO) or calls on the SPY. Regards.
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