We participated in the big day today, of course not as much as we would have liked because we are in 85% cash, but still a good day for the portfolio. RIG has been up 7% in the past 2 days and our other positions have continued to work. The S&P is up against the 200 again, so it will be interesting to see if we can surpass that next week. China came out with positive GDP reports Thursday, but there are still turbulent times ahead with earnings season in full swing and Europe’s never-ending woes. Back at it again next week so rest up. Have a good weekend folks!
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