Well it seems the market has turned DAX plummeted, glad I dint close all my shorts.
The war story looks serious and SURPRISINGLY oil price stable!!
I will hoped my OSH shot its only 1000 shares and double up at $9.80. $9.40 is my base to start accumulating OSH shorts.
My plan is to follow this one down as cash becomes available today (with market fall) will increase my shorts hoping this is my yearly money spinner.
I cant afford to miss a fall after last years losses, I didn't follow through on the 2 falls and hence lost money in the long squeeze up.
I moved back my $30 000 into CFD so could short harder (so much for taking money off the table!!) started with $100 000 this Jan and now $117 000 so up after last Friday Margin call! I increased (doubled JBH shorts yesterday and added more HVN shorts).
I see unemployment increased and parliament in disarray - just what Australia needs. Koshie pasted a rosy picture ABC a bad picture saying people are working longer hours (I can certainly vouch for that better to employ people longer than add people - costs too much).
If I was abbot I would pull the plug and go for new election we don't need another hung parliament just as the world collapses!
Politics is a crazy game these days oh for the good old 80's and 90's in spite of recession.
Good luck guys todays the day to decide ?long ?short ? sit on side if you didn't decide yesterday.
I am going heavy today.
