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April
2007 An
excellent trading month. Nearly all trading picks were on the long side
and a huge number of them were quite profitable. Hardly any short picks
were provided during the month because there just weren't too many charts
showing bearish developments. Implied
volatility had fallen from the high levels that persisted through most of
March (coincidental to the mini- sell-off) and this meant that it was
worth trying out a few options trades as well.
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