Wednesday, February 10, 2010

Tim Sykes' CDII trade, Jan 21, 2010

CDII day chart Tim Sykes trade
Tim keeps shorting CDII based on fundamental conviction, and this time possibly adding the fact that the previous day was a relatively strong downward move coupled with an up-tick in volume. This is the second CDII trade I record (here is the first one). He sold short at $2.14, covered at $2.16.

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