F driving off cliff.

Posted on Jan 22, 2010 by WHC Bassetti in Letters

Given the market context we don't like F breaking the trendline like this so we are taking some profits and lightening our positions in F.  Profits are in the 275 to 300% range.  This does not alter our fundamental view that F will be worth inestimably more in the long run.  It's just a trading tactic.

This is only a preview. You must be a subscriber to access the full text of this letter.


 
Username
Password
 

 
Choose a Username*
   
Email *
   
First Name *
Last Name *
   
 
  * Required

Tags: , ,

Comments

You must be a subscriber to view and submit comments on this post.