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The Daily Long and Short Setup



October 07, 2010 – Comments (0) | RELATED TICKERS: GUT , JCOM

Futures have reacted positively to the jobless claims that beat expectations. Nasdaq is also trading with the rest of the market too. As it stands we are up about 1/2 percent heading into the open. Our long setup comes from a loyal reader who suggested it the other day, and thought that it had some solid potential to it. 

LONG: j2 Global Communications (JCOM)

SHORT: Gabelli Utility Trust (GUT)

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