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Betting Journal: Partially closing my Giuliani short

February 21, 2008

I bought 15 contracts on Giuliani winning the Republican nomination at 1.5, reducing my open exposure to -10 of Rudy and -10 on Ron Paul. Although I think 1.5 is a steep price to pay, people evidently believe that something will happen to McCain between now and the convention and I’ve got a lot of ideas for where my funds can go next.

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