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  #61  
Old 10-30-2007, 11:52 AM
Uglyowl Uglyowl is offline
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Default Re: Positions Thread

[ QUOTE ]
Going to take a quick 5.3% gain on VDSI

[/ QUOTE ]

OOPS, up up and away
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  #62  
Old 10-30-2007, 01:09 PM
Jimbo Jimbo is offline
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Default Re: Positions Thread

Sold all my UA stock (500 shares) at $62.00, still think it may reach $65 later this year but after exiting my option position at a profit and making over $4 per share on the stock sale it was too juicy to pass up. If it happens to drop back under $58 again anytime soon I will restablish my position. Makes me wish I had bought more this morning when it dipped in the the $56 and change range. Well as Cramer would say, "hogs get slaughtered". [img]/images/graemlins/smile.gif[/img]


Jimbo
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  #63  
Old 10-30-2007, 01:10 PM
xxThe_Lebowskixx xxThe_Lebowskixx is offline
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Default Re: Positions Thread

CIB
FXC
DRA
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  #64  
Old 10-30-2007, 03:53 PM
Jimbo Jimbo is offline
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Default Re: Positions Thread

Well I left a lot of money on the table by pulling the trigger too soon on UA so as stubborn as I am I bought 3 Nov $65 UA puts (UAWL) FOR 1.39/ net cost after buying and selling the puts my profit point is anything over $1.56.

Right now the bid/ask is $1.55/$1.75 so here goes nothing. lol

Jimbo
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  #65  
Old 10-30-2007, 04:48 PM
xxThe_Lebowskixx xxThe_Lebowskixx is offline
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Default Re: Positions Thread

wow, i got lucky and sold half my position in drys right before it start sliding.
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  #66  
Old 10-30-2007, 10:28 PM
Uglyowl Uglyowl is offline
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Default Re: Positions Thread

[ QUOTE ]

This morning I will be covering PKTR (up pre-market so my gain will be cut) and going long VDSI

[/ QUOTE ]

After an 7.5% gain on VDSI today (factoring out the 1% gain at open) I will be picking up Global Sources Ltd (GSOL) tomorrow morning.
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  #67  
Old 10-30-2007, 10:37 PM
Moonshine Moonshine is offline
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Default Re: Positions Thread

go long the Chinese Yuan. Duh.

you're welcome
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  #68  
Old 10-31-2007, 12:38 AM
Acein8ter Acein8ter is offline
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Default Re: Positions Thread

[ QUOTE ]
go long the Chinese Yuan. Duh.

you're welcome

[/ QUOTE ]

I was in FXI at $107 a share, it closed today at $211. Should have bought more...
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  #69  
Old 10-31-2007, 05:20 AM
xxThe_Lebowskixx xxThe_Lebowskixx is offline
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Default Re: Positions Thread

[ QUOTE ]
go long the Chinese Yuan. Duh.

you're welcome

[/ QUOTE ]
is there anyway to do this besides buying chinese stocks?
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  #70  
Old 10-31-2007, 08:52 AM
DcifrThs DcifrThs is offline
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Default Re: Positions Thread

[ QUOTE ]
[ QUOTE ]
go long the Chinese Yuan. Duh.

you're welcome

[/ QUOTE ]
is there anyway to do this besides buying chinese stocks?

[/ QUOTE ]

see the jim rodgers thread.

there are 2 ways:

1) oneda fully funded currency purchase

2) leveraged purchase of cme CNY/USD futures.

Barron
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