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SOS Update: Up 10.37%

1 Comment » Written on October 10th, 2008 by
Categories: ShortOnly
The Short Only Strategy has been updated. I must kick myself. I got out of Unitech and JP Asso right when they were breaking down. I also got out of the Nifty future and wrote a call only. Still, I think this is it on the downside so the shorts will have to slow.

Overall returns are pathetic in comparison with the Nifty's 20% fall overall. 10.37% up since 12 Aug. Makes this a two month gain, which is reasonable. I wish I had got on, of course, but as usual, I have enough to learn.

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This entry was posted on Friday, October 10th, 2008 at 6:42 PM and is filed under ShortOnly. You can subscribe to any comments to this entry via RSS 2.0. You can leave a response, or trackback from your own site.

About the Author: Deepak Shenoy
http://www.capitalmind.in
The man behind Capital Mind. Deepak has co-founded MarketVision, a financial knowledge startup. He has traded the Indian Markets for nearly a decade. Deepak lives in Gurgaon and fears using long words.

One Response to “SOS Update: Up 10.37%”

>Talking about mistakes, I had 5 lots of NIFTY 3650 Put which i booked profit on with 25% gain last Monday. I thought markets will not tank so soon, but then I guess, Mr.Market does his own thing most of the times

Technovestor
10.11.08 at 7:34 AM
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