To Cover or Not Cover (SPI / IPC)
I now carry a conflicting portfolio. I continue holding a large short position on the SPI 200 Futures and the IPC Mexico Index. This would be consistent with my technical analysis except for my recent bullish turn on the Nikkei. Further what is giving me pause has been the almost break out of patterns in the MSCI Taiwan, MSCI Singapore and Bovespa Futures. A further rally in any of these markets will have be considering my short position on SPI and IPC as untimely and I will be covering. “He who runs, lives to fight another day”
By Andrew Shawn – Recursive Investments in Global Financial Markets
Financial Markets | RefCapGroup | 
July 22, 2010 5:13 am
No Comments
No comments yet.
RSS feed for comments on this post. TrackBack URI
Leave a comment
You must be logged in to post a comment.
