Sold All CPST, Sold FXI This Morning

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May 21, 2008

Got out of the FXI trade right at the morning price area of around 10am. Gained 30% on those calls.

Sold all of my CPST positions. CPST looked like it was finding resistance at $4, but I think its going to test there again.

I didn’t buy the indexes this morning because the markets were up. I actually considering getting out when the RUT was yielding about 1.4%. However, I decided to hang on and it looks bad right now. However, I will be adding to my index longs eod.

HXM doing well today. Love the chart here.


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  • Anonymous

    I notice you don’t get to many comments, I read your posts everyday and I’m trying to keep up with you. Thanks for putting the time to write this stuff.

  • david

    I notice you don’t get to many comments, I read your posts everyday and I’m trying to keep up with you. Thanks for putting the time to write this stuff.

  • http://www.stockrake.com Sensei

    Thanks for commenting. Yeh sometimes I feel like its me and Sia talking to ourselves. I never know if anyone is reading so I appreciate the comments for sure.

  • http://www.stockrake.com Sensei

    Thanks for commenting. Yeh sometimes I feel like its me and Sia talking to ourselves. I never know if anyone is reading so I appreciate the comments for sure.