December 11, 2008 – Treading water into Xmas

Fri, Dec 12, 2008

ASX Commentary

Times like these can be frustrating, that is when the account just drifts – up a little, down a little. To be sure the market is not exactly bounding one way or other is makes sense that the account also consolidates. We take a long term view with our trading, even though our positions are short term. We understand that expectancy is created over the longer term and that short term abberations will occur, just like in other pursuit. Patience and tenacity is the name of the game.

No new trades of late. Account balance:

Click to enlarge

Click to enlarge

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This post was written by:

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


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