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UCS ETF update: Go easy on the tech sauce

Heavy trading this morning. I am looking for the strength to taper off later in the afternoon. Some of the strength that we see could be buy orders from last week Friday as institutions continue to accumulate and adjust positions. The ProShares Technology Fund is trading nicely up 5.0% with volume very heavy at 207,617 shares traded. If you had bought in the fund at $28.50 last week or the week before at $28.30, your position would be in the money. Now would be a good time to take a little money of the table if you are trading. If you are a buy-and-hold investor stay put.

06/01/09 11:27:09 AM

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