With the US flat on Friday night, and closed tonight, the ASX will probably be flat until Wednesday morning. That is, unless something left field arises out of China again, for example. Good thing the holding costs on my CFD positions are negligible.
Still licking my wounds from last Thursday, but with several short trades still open. Plus last Friday I decided to open three long trades to balance out my set of short trades in this choppy market. Two of the long trades are NAB and RIO as they were oversold, the third long trade is a secret. I could tell you which stock, but then you would all declare me mad.
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Frazer Bourchier, Director, President and CEO
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