Friday, 15 February 2008

Covering FTSE and S&P 500

Just bought back the short I put on the FTSE and S&P 500 yesterday. Paid 5785 on the FTSE (having shorted at 5922) for a profit of £1,370 (~$2,700), and paid 1345 on the S&P, having shorted it at 1371.5, for a profit of $1,325.

It's all too easy, just fade the rallies.

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