FXI Closed +168%

(for details pls visit www.OptionPundit.net)

fxi-nov-5-2007.png Within moments of opening FXI touched $190 support area and I booked my profits. I shall get-in again but a little later after seeing further signs of weakness. If it breaks, next station is around $179-180 area. HongKong has lost over 2,500 points in last 2 sessions and if it drops further, I think margin calls may start to kick-in, furthering the sell-off.

fxi-nov-5-2007-transaction.png

Trade carefully, trade profitably, OP


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *