2 February 2009 – A belated update

Mon, Feb 2, 2009

ASX Commentary

We’ve been busy working on the new website of late, getting ready for its launch in the coming month or so. Stayed tuned for some enhancements plus a new look and feel.

Trading remains tough. Over the last few sessions we have been stopped out of short positions in AWE and BHP. We retain the short in STO and added a short in LGL. Speaking to a number of colleagues in the US it appears that others are also doing it tough, but we’ve been saying all along it was going to be tricky and that we just needed to keep risk low and get through the other side. The easy trades will return but in the interim it’s our job to not drop the ball.

No new trades today, but an update on the account status:

Click to enlarge

Click to enlarge

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Nick Radge - who has written 899 posts on The Chartist.


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