Monday, June 29, 2009

Getting Long FXP....again

I realize I was stopped out of FXP on Friday but I am prepared to punt it long once again this morning which I shall do here at $12.12 with a stop at 11.69



Good speculating to you all and please don't ever, ever forget that "an investor is a speculator who made a mistake and will not admit it".


Open Positions:
Long 2 units Ultrashort Real Estate ticker SRS @ $18.85 stop @ $17.84/18.94
Long 3 units Ultrashort S&P500 ticker SDS @ $54.75 stop @ $52.38/53.38/54.38
Long 1 unit Financial Bear 3x ticker FAZ @ $4.36 stop @ $4.46
Long 1 unit FTSE/Xinhua 25 ticker FXP @ $12.22 stop @ $11.69
Short 2 units Wells Fargo ticker WFC @ $25.10 stop @ $26.26/27.41
Short 1 unit Autozone ticker AZO @ $157.95 stop @ $158.11
Short 1 unit Aeropostale ticker ARO @ $35.00 stop @ $35.56
Short 1 unit Darden ticker DRI @ $33.05 stop @ $33.56
Short 1 unit Blackrock ticker BLK @ $177.15 stop @ $178.51

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