Wednesday, May 06, 2009

Trades -Ouch

Cleaning house should feel good. What is it about "taking" a loss? It's marked to market all the time anyway. Is it the abanonment of hope and the embrace of reality?
Anyway, I dumped FXP today, which shouldn't be a big deal, as it's shrunk so much that it's one of my smaller positions.

Maybe it's my pride that hurts most of all:

FXP: -83%, -78%, -70%, -52%.

Also forgot to post the bonds I sold yesterday:

30-year Treasuries: -9%, and -7%.

There. Now I feel better. I can start over with a clean slate. These positions were the ones I really was feeling on the wrong side of.

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