"The hardest thing in the world to understand is the income tax." Albert Einstein

New Trades: Short C, XLF, SSO

2. December 2008• Stocks, • TradingPhantasmix 2 comments
  • (C: 32.925 -2.18%) – Citibank, short @ $7.07 with target $6 or anything below my entry. Hopefully this afternoon.
  • (XLF: 14.565 -0.99%) - Financials, short @ $10.99, target $10.60
  • (SSO: 53.03 -1.36%) - Ultra S&P500 ETF, short @ $2.85, target SPX=825 or so

These are hopefully just for today, I want to close them out by EOD.

Thinking of getting rid of the remaining EEV.

 


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2 comments:

  1. ducati998, 2. December 2008, 12:09

    Kat,

    Returned to your “shorting” bias.

    jog on
    duc

     
  2. Phantasmix, 2. December 2008, 12:35

    Duc,
    I was on the fence for awhile, still not 100% convinced either way so I greatly reduced my position sizes.

    Scalped on the long side this morning, done for the day. This is to illustrate that I don’t just short.

     

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