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January 23, 2014

Quick Update on Stock Position Trades

ZLCS ran all the way to 2.25 intraday, however, I wasn't watching it during the day and missed any opportunity to lock in a profit. It subsequently reversed and closed lower. This is very bad price action for a breakout and I will be selling ZLCS tomorrow on any weakness. It will be about a 7% loss. UCO alternatively is acting very nicely and I plan on staying long this for some time.