o/night the DJIA UP + 0.7% and S&P 500 up + 1%, NASDAQ up 1.8% the US markets prevailed over any pre budget jitters and negativity, that i had been concerned about for today and -
the all ordinaries index was up .................+0.85% GK'S PORTFOLIO ................total gain today + 0.1% ------------------------------------------------------------ CLOSED TRADES - SUN - 2 bites , .....(today up +1.2%)......sold..1.9% PROFIT AIG - 4 bites, long..(today up +1,8%) ....sold..1.8% PROFIT TAH- 2 bites, long...(today up + 1.1%)...sold. 1.1% PROFIT
CLOSED TRADES - total net profit (8 bites) up.. + 1.7% ---------------------------------------------------------- CURRENT PORTFLIO - LONGS - WBC - 2 bites, long (today up + 0.7%)....+ 2% TOTAL GAIN SEH - 3 bites, long (today down - 2.5%) -2.5% TOTAL LOSS
SHORTS - MYR - 4 bites, short -(today down - 1.4%) - 0.2% TOTAL LOSS HVN - 2 bites, short..(today up + 0.94%)..+ 0.94% TOTAL GAIN
CURRENT PORTFOLIO - net profit ...(11 bites) ..down - 0.9% ----------------------------------------------------------
so compared with the all ords today - down quite a bit, due to a relapse into some bad habits of buying against the trend in the case of SEH
I will read up on the budget tomorrow in the fin review - will probably be a special edition.