very very volatile correctly set a buy at approx 95.60 when it was 98 but didn't give it enough breathing and it fell through to 93.48 so it needs 250 as room?
Go back some by buying a 94.71 and selling at 95.76
I feel that US crude will hit 100 driven by traders trying to push short sell stops
Wednesday, 23 February 2011
Apple
Did the opposite of what I thought and tried to catch a falling knife and paid 37 for the loss. It continued to crash which was my initial suspicion
Barclays closed
closed at 316.9 made 38.60. Felt it had dropped well far enough for now and there was a slight bounce.
My general feeling which has been buoyed out is that bulls are now outnumbering bears 3:1 at least and that a recent telegraph article said that ISA money is coming in earlier this year and the VIX is at it's lowest ever level. The market has a nasty habit of crashing just at the point the retail invest comes in!
Pity I couldn't bet on the VIX but at ig that is 50 a pt - too rich for me
My general feeling which has been buoyed out is that bulls are now outnumbering bears 3:1 at least and that a recent telegraph article said that ISA money is coming in earlier this year and the VIX is at it's lowest ever level. The market has a nasty habit of crashing just at the point the retail invest comes in!
Pity I couldn't bet on the VIX but at ig that is 50 a pt - too rich for me
Friday, 18 February 2011
Short barclays
At approx 3.23. Went in before the results figured it could be a buy on rumour sell on news. Surprised by strength, but still think that with all the analysts rating barclays as a buy how much further can it go?
316 (2)
322 (2)
332 (2)
Have taken a loss of 20 to close out a 316 contract
316 (2)
322 (2)
332 (2)
Have taken a loss of 20 to close out a 316 contract
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