Significantly reduced long positions

TrueContrarian

Sold OIH at $84 for a $11 gaing on 20% allocation.
Sold half NYX at 19.8 for a 18% gaining on 15% allocation.
Sold COH at $15.6 for a 29% gaining on 15% allocation.
Sold RIMM at $42.30 for 5% gaining on 20% allocation.

Now 30% long and 70% cash, probably will stay like this for a couple of weeks.

Garbage stocks started flying everywhere, AIG/FNM/FRE/C, very bearish.

Today's $CPC is scary, the 10MA kissed the BB lower bound. I decide to clear most positions instead of interprating it as blablabla.

ppteam

haha, 你才看到今天CPC SCARY？！

TrueContrarian

the first time it kissed the BB bound. I noticed this since 740.

haha, 你才看到今天CPC SCARY？！
ppteam 发表于 2009-3-19 19:59

ppteam

3# TrueContrarian

I asked u last time and u didn't answer. You are in lower Manhattan or midtown?

TrueContrarian

http://www.hutong9.com/viewthread.php?tid=40406

XLF, I warned longs when it was at $8.28.

TrueContrarian

VIX stayed at the same level after SPX rose 60 pts, this is super bullish indicating most people don't believe this rally yet, but both CPC and VIX could have been skewed by option expiration.

moneymaker

3# TrueContrarian

I asked u last time and u didn't answer. You are in lower Manhattan or midtown?
ppteam 发表于 2009-3-19 20:02

He lives just above Madoff's apartment.  Near Central Park.

TrueContrarian

located in Central Jersey, but need go to Downtown NYC frequently.

3# TrueContrarian

I asked u last time and u didn't answer. You are in lower Manhattan or midtown?
ppteam 发表于 2009-3-19 20:02

coexist

佩服佩服

源济

TrueContrarian

not necessarily a good move, but this market's got too tricky.

佩服佩服
coexist 发表于 2009-3-19 20:12

yw02

进来佩服一下。

Maxie

It is always a good move to lock in the profit. Thanks for speaking up.

ricky

Ding Lao Da

asap

Thank you

WildWolf

恭喜HT 最后的，孤独的牛卸甲，哈哈哈

lite1067

located in Central Jersey, but need go to Downtown NYC frequently.



TrueContrarian 发表于 2009-3-19 19:08

In Warren????
Man, you are a risk-taker.

blues55

熊熊看到曙光了

H_T

1# TrueContrarian


hehe u finally come out of "hiding"