Friday, September 14, 2007

trading, friday sept 14

Bought FXI oct 146 put for $4.60  as a play on
China raising its rate 0.27 %.The FXI index has
had a strong run of about $30 since mid Aug and may 
be due for a pull back soon...The SYNA oct 45 call
was stopped out this morning for a 29% loss.This is
why I don't like using hard stops as the stock gapped
down on market opening but has now run up higher...


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