19 February 2008

sold UBS short

Shortly before the open on Nasdaq, UBS traded at CHF 36.68 (USD 33.5225) on SWX. On Nasdaq, it traded as high as USD 33.68 before the open, opened at USD 33.56, and my order to sell short got executed at 33.6901

I have now placed a limit order to buy to cover at USD 27.23 and am keeping my fingers crossed that all will go well.

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