this week, much the same as last - continued good profits and gains from the numerous shorts that I have traded, and some easing back of gains from my longs...
TRADING - LONG FET - sold 60% of my very large holding at a good profit from my original average purchase price, but @ 2% down from the recent top price level.
TGA - sold - break even
RCG - sold @ loss
SDI - bought - currently at small loss
holding - FET, IAG, SDI
TRADING - SHORT TTS, BDR, RSG, NCM, DSH, RSG FMG, MGX - closed out - o/a at good profits
current open positions - DSH, DLS, FMG, MND - all new or re-opened
- o/a some good gains on these stocks also......
profits mostly from gold and iron ore stocks, but others also.....
the 40% remaining in FET still represents a good amount of money, I am unsure as to whether the recently trend downwards will continue.. will leave for the moment as this is such a sound stock with both good dvd and growth....
this strong correction that we have been having has been a real bonus, it will break shortly - only hope I can pick it when it does..
it would be good if others could join me here to compare notes....
