OTT. What? Yes, Not OTT.

Posted on Jan 18, 2011 by in Letters

In general we let issues make waves without making waves ourselves.  That’s trend following.  We also have what we call a hair trigger response which says a daily event like a power bar down can provoke us to exit.  That’s what we are doing here — selling OTT.  We may reenter, but we’ll just see what happens to this issue.

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