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 seem to go 5-months with minimal gains, that just the way it is sometimes. We’re about +2% in this period compared to +154% for the prior 9-months.¬† There are a few factors to consider as well. In the Jan 08 – Nov 08 period we made 156 trades. Since Nov we’ve mad just 26. So trade frequency is right down – not for want of trying though. Liquidity and short availability of stock have been considerations, but things are starting to turn. Our broader market analysis points to a rapid bear market rally as either started or about to start which will be a prime time to get involved. As such we’ve lifted the risk per trade on ASX trades to 1% from 0.5%.
The only trade we have on is a long in BRM.
Looking forward to updating you again. Stay tuned.
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