The Bullish Wild Card

I am very tempted to start moving to a net short position as the market has now retraced almost all of the mornings losses. But we know that Genzyme and Sanofi are in friendly merger talks and there could be an announcement when we wake up Monday morning. For that reason I will maintain my neutral stance. If this rally somehow managed to carry through option expiration that would be an exquisite short opportunity.

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