As you all must know by now, since I won’t shut about it, the Dow Utilities (XLU) is far and away my largest position. It’s three times larger than my second-largest position, and as I’ve stated repeatedly both here and on Tasty, it has one of the best diamond patterns I’ve ever seen in my life. Today marks another milestone, since we’ve just broken to a new low for the year, which is really saying something, considering how shamelessly goosed this market is.

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