Tuesday 25 January 2011

Update on Foot Locker

I posted some analysis on Foot Locker earlier.  Granted my timing was out a little.  However the share price is now $18.04.  My shorts started around $18.34 with full position at $19.00.  I'm still in a small loss on this trade and will now exit as it has come down from the highs at $19.77.   

Hopefully my timing on Columbia sports where here will do better as I think this is at its top of its range. 

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About Me

I try and work a broadly market neutral strategy and based purely on fundamentals and my gut feel.