SOLD HK puts... too early, but for a profit
BOUGHT FXI puts... held FXP shares
I think oil will either floor here or cause OPEC to immediately cut production. Either way, that is why i didnt go oil. Though i must say, i missed out on DUG today as I have been the last 3 trading days.
(UPDATE: SOLD FXP. bought more FXI puts.)
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This is a great book..I will quote from it in my thesis about hedge fund operators. I also learned a lot about hedge fund trading strategies from 2 other great books. Hedge Fund Trading Secrets Revealed..by Robert Dorfman..and Confessions of a Street Addict of course by Jim Cramer..written before he got really famous..both are riveting and very informative. You should check them out if you like reading behind the scenes stuff about hedge fund and what methods they use..….. my winning ratio is now better than ever.
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