Sunday, October 11, 2009

Tim Sykes' EMGE trade, Sept 28, 2009

EMGE chart
This looks like a perfect intra-day short trade. According to info on the TimothySykes.com web site, Tim sold EMGE at $3.13, covered at $2.16. This was a little risk trade, unlike the previous day's, since one could rely on an established bearish trend.

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