Thursday

ReShort DAX

1 Comment April 23, 2009 – 1:49 pm |   | Permalink |  Print This Post |

We took profits on most of our Dax positions today (refer to screenshot). For the official Challenge, lets leave it open for now since we were not able to post live (had a busy day at work). We reshorted the Dax at 4588 again and hoping to short more if it goes higher (anything less than previous high 4680). This is a godsent. Double dipping!

Taking Profits www.theinflationist.com

Our new short positions are highlighted below (for TheInflationist Challenge we opened an additional $5/point short at 4570). Our short from yesterday at 4605 is left open with a target of 4350 (at least).Be very careful shorting in times like this. In general we always take some profits and try to leave some running.

Thursday Trades www.TheInflationist.com