Hi farsight ,
Not wrong there with oil, with oil up in the last week US oil stocks were up about 17 % but the aussie oil stocks were a wimper. I have gone long BHP,WPL and BPT at close today after the market got a hammering.Still cannot understand the sums on oil breaking resistance but our oil stocks hardly budged.Gold have been been kind lately, long LHG,BSG,SGX,OGD,RSG.
I am a keen reader of comments made especially by u on the XJO as this has been my daily trade at least a couple of times a day but hold long or shorts over trending periods in multi weeks. Ironically all my indicators showed that the XJO went long on a multi week yesterday but it decided to go short today.So i traded shorts today on a day trade but went long on my call options at close over a two month period.
What a day !!! have a good weekend.
rags to riches
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