We now have a total of 5 short positions on with the addition of CTX today. The only signs of long trades remain in the resource sector so we’ll watch those with interest in the coming days.
Trades today:
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The account declined by $37 with LGL and CTX dragging us down and STO making a positive contribution. I have informed subscribers that I’m working to get the LGL stop to breakeven. I really don’t want to be short Gold, especially if the US rolls over with some force. Our $50,000 start balance now stands at $52,365.
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On another note I have turned on our intermediate term trend following system again with some new management tweaks. This Growth portfolio was a favourite during the bull phase but has been in hibernation for many months now. We’ve added another model account of $100,000 to start reporting results. Because of the longer term nature of these positions we will not be able to record open trades in this public forum.
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