February 23 2009 – Back in shape

ASX Commentary

February 23 2009 – Back in shape

Tue, Feb 24, 2009

Since our last update we’ve been calling the US indices to start declining below Novembers lows, hopefully with some force. So far so good with last night seeing new 12-year lows. We are short 6 stocks in the US which is about all I’m willing to go with at this stage. Our account has started turning the corner again afetr spending a few days in the red.

At this stage we’ll just be managing these open trades and not initiating any new ones.

Account status with current positions:

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This post was written by:

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

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