Tuesday, March 16th, 2010

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Trade: Chinese Style Pair Trade –> Long (NTES) Short (SOHU)

Monday, February 1, 2010 at 5:41 pm

2

New longs:  NTES  33.05

New shorts:  SOHU 50.14

Put these trades at the end of the day, while talking on the phone with clients, printing checks, signing letters, playing guitar, feeding my cat, hard-stepping to David Guetta, polishing car, paying GE Tax, getting a massage, watching Lakers vs Celtics 4th quarter, faxing the IRS, and cooking oatmeal.  All at the same time.

SOHU disappointed me with those numbers, but was able to survive an ugly day.  Bah.  Maybe I’m making a mistake here, but it’s worth a try to short the close.  The long on NTES long is for protection and trades at 1/3 position of NTES. 

Aloha!

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Posted by Gio on Monday, February 1, 2010 at 5:41 pm 
Filed under Uncategorized · Tagged with

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Comments

2 Responses to “Trade: Chinese Style Pair Trade –> Long (NTES) Short (SOHU)”
  1. ChrisBrown says:
    February 1, 2010 at 10:14 pm

    lol @ the hard stepping.

    Reply
  2. Satuki says:
    February 4, 2010 at 9:05 pm

    If my understand is correct, you have more in SOHU than NTES. That means this pair works well so far

    Reply

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