Friday, January 15, 2010 4:06:29 PM
Also totally liquidated 3 other of my China Small Cap stocks.
Until my outlook on the China markets changes I will be short China.
I bought ETF: Symbol: FXP today which effectively shorts China.
FXP bottomed out 2 months ago. if it holds I don't want to be long 20K shares of CPQQ. Not to mention that CPQQ broke Fibonacci support
today.
I'll be back when things look better!
Best to you!! I'm taking the money and running.
OUT HERE....
Have a GREAT Day!!!
NickC ...... Sunny Florida.
" If one advances confidently in the direction of his dreams, and endeavours to live the life which he has imagined, he will meet with a success unexpected in common hours. "
Henry David Thoreau
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