Some of you guys must have been in OEX for a while - just noting your buy in prices. I unfortunately had to sell 200K at 16.5 after buying at 18 (along with bailing out of LEI at 24c. grrr). I still clung on to 400K oex that I bought at the same level.
If I sell now, the taxman will take half, and dole it out for overseas holidays, booze, shoes and ciggies.
I've already sat with this since May. I will be holding for at least another 8mths so that I can convert to capital gains tax.
Further on from there. I beleive Sandy B's 1st target for Sep 11 was 31c. Robbbb was looking for OEX holding above 30 before taking it seriously.
If it consolidates around here. I would add to my position
OEX Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held