Wednesday, August 12, 2009

Short the Spiders

I am using the opening surge this morning to get short 1 unit of the S&P 500 via the spiders ticker SPY here at $100.55 with a stop just above the recent highs at $102.23



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


Open Positions:
Long 1 unit US Gold ticker UXG @ $3.05 stop @ $2.68
Long 1 unit Ultrashort FTSE/Xinhua China 25 ticker FXP @ $10.15 stop @ $8.89
Short 1 unit Abercrombie & Fitch ticker ANF @ $31.40 stop @ $33.11
Short 1 unit Spiders ticker SPY @ 100.45 stop @ $102.23

No comments: