Thursday, August 12, 2010

Hedgpoint and the current SSO short trade

I am currently long a hedge, the system issued a secondary buy signal today on the open short position, capturing an extra 1.2 points or an additional $28,000 on the close of the primary short for the trade we did. That's over 50% increase in the profit on that trade. We are now long for free and will hold the hedge till the next short or expiration.
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