January 27, 2009 – Easy come, easy go…

Tue, Jan 27, 2009

ASX Commentary

After Fridays gains we managed to give it all back again today. Commodities rallied back hard driving STO and BHP strongly higher. We retain the positions but too much more of this and we’ll be getting stopped out at b/even. No new trades today but we do have a long trade ready for tomorrow. If this commodities ‘pop’ continues we may see a few more long side trades.

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This post was written by:

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


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