12 February, 2009 – Slipping into the red

ASX Commentary

12 February, 2009 – Slipping into the red

Fri, Feb 13, 2009

Since our last blog post the markets have remained in a sideways range creating difficult trading conditions. We have attempted to align ourselves with the probable decline that is expected to break this range, but it’s proving resilient to say the least. Our aim here is to continue to keep risk low, or even stand aside, and wait for that break because that’s when these small losses will be regained, as was the case in November.

Our positions are mainly short:

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Account status:

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This post was written by:

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

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