New Trades: Short C, XLF, SSO

Phantasmix December 2nd, 2008

  • (C: 7.08 0.00%) - Citibank, short @ $7.07 with target $6 or anything below my entry. Hopefully this afternoon.
  • (XLF: 12.45 0.00%) - Financials, short @ $10.99, target $10.60
  • (SSO: 27.86 0.00%) - 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.


2 Responses to “New Trades: Short C, XLF, SSO”

  1. ducati998on 02 Dec 2008 at 12:09 pm

    Kat,

    Returned to your “shorting” bias.

    jog on
    duc

  2. Phantasmixon 02 Dec 2008 at 12:35 pm

    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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