Archive | April, 2009

April 2, 2009 – Getting longer

3. April 2009

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Momentum continues unabated in the US and in doing so has dragged us into some new long trades. We had been long SBAC which broke higher nicely last night. We also added FTI, ISIL, SLAB and TXRH. Some ongoing slippage shows that the market is still a little fickle and illiquid so care is needed. [...]

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April 2 2009 – Good strength, but is it sustainable?

2. April 2009

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The strength over the last 3 weeks has been potent but we remain cautious and removing ourselves from increasingly bullish market chatter. There is potentially some bearish divergence showing up as well as the simple fact that markets need to rest after such strength. Our shorter term portfolio went into today with 1 position, BRM, [...]

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April 1 2009 – Treading Water

2. April 2009

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We currently have one long position in the short term US portfolio which is SBAC. Not much to report with it but continues to look promising. What is promising is the recent price action of the broader indexs that are tending to ‘flutter’ lower without conviction. This, in our opinion, is a very positive sign. [...]

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April 1, 2009 – No fools, back into it…

1. April 2009

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We’ve had some time away from the blag as we build the new website. That will be online shortly. Trading remains slow with minimal progress suffice to say we’re keeping our heads above water and will therefore be able to make ourselves available for when things get a little easier. As hard as it may [...]

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Best posts on The Chartist from Mar 2009

1. April 2009

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Too many posts to handle? If you missed out on a great post from last month, here’s a quick digest of the top posts that you may want to check out: New Site Posted on Thursday, March 5th, 2009 in ASX Commentary – Comments: (1) We’re in the process of building a bigger and better [...]

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