I bought 1,000 FXP @ $75.58.
Disclaimer: If you buy FXP because of this post, your head will fall off. And, you may lose money.
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Joined Nov 10, 2007
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Why are you shorting more H-shares when Hong Kong will definitely gap up? Hedging some more?
Hedge
I will leg into this one.
I am prepared to buy down to $60.
I fucked up once, dumping my SRS. I will not make the same mistake twice.
Good enough, especially if you see any similarity between the Hong Kong market and the US housing market. IMHO, Hong Kong is not quite a subprime bubble.
I don’t get the logic, but I hope it turns out ok.
Looking at the futures options, at this point there is not much belief this rally will go much higher. Just a comment.
I may as well buy some TWM to hedge if this bounce fades in the afternoon.
Bought 2000 TWM @ $71.94.