covered FXI around 190
Started by
A-ha
, Nov 05 2007 10:29 AM
4 replies to this topic
#1
Posted 05 November 2007 - 10:29 AM
for about 10% profit... my precious omnipotent flux capacitor...
http://www.traders-t...?...st&p=323531
http://www.traders-t...?...st&p=323531
#2
Posted 05 November 2007 - 10:41 AM
for about 10% profit... my precious omnipotent flux capacitor...
http://www.traders-t...?...st&p=323531
You should tune your omnipotext flux capacitor to catch those swing bottoms which are good for 100% gains rather than going for those tops, which yield nickel and dimes. Good trade.
#3
Posted 05 November 2007 - 11:10 AM
for about 10% profit... my precious omnipotent flux capacitor...
http://www.traders-t...?...st&p=323531
You should tune your omnipotext flux capacitor to catch those swing bottoms which are good for 100% gains rather than going for those tops, which yield nickel and dimes. Good trade.
Yes I did caught the mother of all bottoms.. on August 16... the next big move is on the downside...
Its being manufactured... We are already in it if you step back and take a look at daily charts you will see...
I have been posting these for weeks now..
http://www.traders-t...?...c=77847&hl=
http://www.traders-t...?...st&p=326424
I am short all those sectors that are pulling the entire market down. I am up huge on overall move... FXI was exception, it is a parabola and these sweet plunges dont last long. I did it before, I am doing it again. I took the profit and run.... When you say "good for 100% gain" I assume you mean options... I dont trade options.
#4
Posted 05 November 2007 - 11:14 AM
Yes I did caught the mother of all bottoms.. on August 16
Yes, i remember. You were one of the few who did it in real-time here.
When you say "good for 100% gain" I assume you mean options... I dont trade options.
No, each upswing on FXI (since 2006) on an unleveraged basis has been 80-100%
Edited by NAV, 05 November 2007 - 11:22 AM.
#5
Posted 05 November 2007 - 11:30 AM
I've unloaded half of my puts...waiting for 185 to unload the rest...moved stop down to 200
http://stockcharts.c...06258&r=920.png
http://stockcharts.c...06258&r=920.png