Tuesday, April 06, 2010

Trade

Closed SKF today. Ouch. Held on to this loser too tooo long. The banks are just too backed up by the Fed, and the leverage on this ETF loses money every month on options expiring. I'd much rather do something else with the money or at least keep some powder dry.

Buy to cover 10% SKF @ $18.11, -34%.

I just bought some EUO, as the Greek situation got much worse with bond yields gapping up over 7%.

Buy 10% EUO @ $21.12

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