From the Trading Desk

MGIC 7-11-03 to 1-20-04

MGIC was not a huge long as I was already loaded to the gills with other great longs and there were a few setting up in PERFECT bases so I did not want to throw a lot of money in this one. However, I did take a nice position, and in six months and a little over one week, MGIC produced a cool 371% return.

the buy:


the first sell:


the second big sell:


the clear top:



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