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Algokid
Jan 13, 2012 2:37 AM

PAIR TRADE ( SEMI CONDUCTORS - INTEGRATED CIRCUITS) 

Power Integrations, Inc.NASDAQ

Description

CORRELATION : 78 %
CO - INTEGRATION : .99 (excellent)

LONG POWI @ : 34.16
SHORT UMC @ : 2.31

unfortunately I wont be able to place this trade as my broker doesn't have enough shares in the short inventory. Oh well.
Comments
Algokid
closing this pair with a small profit.

selling POWI@ 38.58 ,for a profit
covering UMV@ 2.56 ,for a loss

for a total net profit
Algokid
and the stock is below $5 too
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