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Rajeev Seth
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Rajeev Seth is the Managing Director of BeatIndex, an investment management consulting firm. Specializing in quantitative investment management, he has consulted for many diversified asset managers, and startup hedge funds. The philosophy of BeatIndex is that one can indeed beat indexes, by a... More
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Rajeev Seth's Blog
  • The Short Xilinx, Long Linear Technology (LLTC) Paired Trade: A Follow-Up 0 comments
    Apr 30, 2013 2:18 PM | about stocks: XLNX

    Today, on April, 30, after opening it only two trade days back, our paired trade on

    259 shares LLTC (Linear Technology) long and

    short 200 shares of XLNX (Xilinx)

    has turned into a good profit as shown by the picture below

    Continue to hold this pair. Based on statistical analysis, you should realize a profit of about 5% within a week more, with risk of holding cash (ie about 1%) on the amount of brokerge margin amount you use to create this paired trade.

    We expect to close this pair out when the value metric does a zero-crossing, or reaches 0 in the picture above

    If you are interested in being on my mailing list for free paired trades I generate every trade day, please email me directly at info@beatindex.biz. The reward-risk benefit of my trade ideas is much better than other ideas you see thrown around on this website. (examples: buy AAPL because xyz, or buy GLD because it has gone down :) !

    Disclosure: I am long LLTC.

    Additional disclosure: income generation, long-short, short XLNX

    Stocks: XLNX
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