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Tuesday, August 5, 2008

Matt's Trade Log - 8/5/08

Sold 3 JAN09 UA 20 calls with UA at about 34. 34 appears to be a resistance line (previous support) and from that point the stock trended downward somewhat. The calls were purchased on 7/18 at 10.50 and sold today at 14 for a nice profit.

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