Wednesday, April 30, 2008

FOMC decision

I was a bit surprised that the Fed actually expressed their concerns on inflation, and I think that could put a cap, at least temporarily, on the 6 week long rally.
Took at DT-short on AAPL at 177.88, and covered at 175.11. Also glad to got out the BWLD play earlier. May consider some SW-short position on some tech names, such as AAPL and BIDU since the stops are not that far, we will see...

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