Euro Sale

After one month the Euros have been dumped. Purchaced Jan28 for 148.39 and sold for 152.15. A 2.5% profit. I planned on holding out until 155 but I think the Euro people will push it down sooner than later.

Then bought $700,000 each of CM and RY as I think they are underpriced due to the general hatred of all things banking.  People will soon start looking for banks they can put money in. Also assuming that they have cleared the last of their skeletons out they will start announcing good news to drive up their shares.

Leave a Reply