Friday, March 7, 2008

Covering Some Shorts

DECK- 8 point profit from Monday
XME-4 points profit from Wed.
CMG- 8 point profit- about 2 week hold

We are getting close to bounce time and don't want to be a pig. Still like em short, but they will raise the dead when this pup turns.


Stewie said...

Hi 'upside' or should i call you 'downside'? hahaha! You've been scoring big in shorts lately. i wish i had your patience to hold shorts that long. I got a lot to learn from you.

upsidetrader said...

mainly because i have been found myself over trading on the daytrading side the past 7 or 8 days even though i've had a few good ones there-its a way for me to slow myself down especially when I have conviction. i still have MOO short which has been good to me-unless we counter trend rally in here,i still think some more stuffing comes out of the ag. group-you my bud, are the king of the day trade!!!later


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.