Tag Archive | "CBA"

10 December 2009 – Winding down

Thursday, December 10, 2009

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Another garbage performance by the local market. It really struggled to hold its head above water and it certainly appears that seasonal strength is wilting. I now have 1 position left in the ASX Power Setups and two positions left in the US Power Setups that I will be closing tonight. Once the ASX position [...]

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October 6th, 2008 – Gathering Dust

Monday, October 6, 2008

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It continues to amaze me how many people think they ‘need’ to trade. I mean, really, in this environment? The hardest trading environment I have seen or can remember with any clarity since I started in 1985. I think the 1988 – 1994 was bad, but I was young and stupid back then so clarity [...]

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October 3, 2008 – Pt2

Friday, October 3, 2008

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I’ve scanned some 1500 ASX stocks this evening and without the ability to short it leaves us sitting on our hands yet again. I like the look of shorting a few of the financials, such as CBA and as discussed this morning CGF, but no can do. Patiance is a virtue. Our time will come. [...]

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