Closed trades for July 26, 2007:

We had to wait it out, but I did manage to catch some of today’s meltdown in the stock market and bonds. Snagged a couple of rallies in the Stoxx and sold off the Bund and T-Bonds to grab a cool $600 smackers!

It’s tempting to keep going hard after knocking off a couple of good trades, but just like the casino it’s better to leave with money in pocket. So I did.

There’s always tomorrow and it’s such a beautiful day outside…

Long 3    FESXU7    4322/4325        E 90 (approx $120)
Long 3     FESXU7    4327/4331        E 120 (approx $150)
Short    3    FGBLU7    112.60/112.57    E 90 (approx $120)
Short 3    ZBU7        109-12/109-09    $281.25

Total Profit $671.25

Filed under: July 2007 Trades