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Friday, October 10, 2008

SOS Update: Up 10.37%

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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Deepak Shenoy 10/10/2008 11:42:00 PM
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1 Comments:

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

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