Tuesday, November 17, 2009

11-17-09

Take a look at this.
http://oiltradersblog.blogspot.com/2009/11/jim-chanos-is-bearish-on-china.html

We had a new moon exactly at 2:14pm yesterday. Take a look at what the market did around that time. Yes i went short at this time.

I had to close some of my short option because we were approaching option expiration. I used this money to buy FAZ. The banks are going to have issue new shares to meet the new capital requirements.

Adios

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