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09-Jul-09

Today is Like Playing with Tiger (Woods)

Truly, shorting YRCW and buying AIG today morning are like playing with Tiger (Woods).


Initially shorted YRCW @1.34 and covered @1.29 bit early for a 3% profit. Then I started shorting in the range of ~1.7. In the end covered 50% @1.75 and the rest @1.65 for a tiny profit.


Closed my AIG position at the break-even price of 11 even.

Tagged Stocks: AIG, YRCW

 

Posted at 14:23 in External Blog  |   Permalink   |  Top

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