每日持仓位 --- January 25, 2008

Today’s Transactions:

Added more ABX averaged at $52.56

Opened a position in FXP averaged at $85.11 Stop-loss if the stock is closed below $69.00
Reason: This is mainly used as a hedge to long positions.

Opened a position in CAL averaged at $26.00 Stop-loss if the stock is closed below $20.00
Reason: This is probably the best performer among the airline group recently. The loading factor looks to be higher compared to one year ago due to slow growth in its capacity. In addition, any merger news among its peers will boost the whole industry. Downside risks include a spike in oil price and a material slowdown in US economy.

Today’s Return: 1.99%
Return YTD: -25.27%
S&P 500 Return YTD: -9.38%


My positions:

PG
UTSI Jan 09 10 Call
SOHU
ABX
POT
DKS
EEV
SRS
FXP
CAL