Collective2: REP out

The June 1st Breakout turned out to be a bull trap, breaking below the most recent reaction low on Thursday's close. The 200 share position closed for a -$273 loss (-3.7%). Four positions remain in the account with a 32% equity exposure based on a $100K account. The recent underperformance of this account has to do with the sizable cash position held - but if the market drops hard from here it should leave the account relative unscathed.




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