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Hartford trade update

|Includes: Hartford Financial Services Group Inc. (HIG)

As I write, Hartford is trading at day highs, now 11.93/share.  The CMBS Markit index has strengthened some of late and equity markets continue to stabilize.  I still think this trade has a very good risk/reward profile.  I believe the stock will be about $40 in a year's time if the markets stay on their upward slope.  If it gets to18-20/share, it will be worth re-evaluating the trade to see if the risk/reward is still tilted in your favor.