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Portfolio Update, 2-2

|Includes: Banco Santander, S.A. (SAN), SPY

I'm making one trade tomorrow morning: selling Banco Santander [STD] short. This may seem odd, because I really like this company. Despite this, I see a great technical shorting opportunity to ride the fall back to $10 for a 30% profit, and I'm going for it. I'm selling short 1,000 shares in the model portfolio. In the model portfolio, this will use about half of the current 25K of cash.