Short Term Trading Week Starting: 16 Jul, page-142

Hound and I have had 3 large 'anomoly' trades in last month or so.

An 'anomoly' trade is in theory where money is to be made from over reaction on mid cap from a negative, with management on market in support taking advantage.

Theres been a few, hound and I isolated GEM,SOM & TNE and pushed the button.

These trades are quite large for the little trading team protected to an extent by not really being specs and prementioned dir hard earned being in market, money that knows more than mine.

Nothing much happened, volume decreased and support held, large dollars just sitting there self doubt started to creep in to the garage.

1st mistake started to spend time on TNE's stock thread, something I told myself not to do.

Hound and I decided TNE was the one to go to reduce total dollar exposure

managed to sell TNE @ 4.20 even (now 5.07),
Stopped out of SOM @ 2.07 for small loss.
Still holding GEM at small profit.

Fark me, might get a batch of 'angus beef' going in the old fry pan.

If SOM finds support @ 2 and re rates Coles better have good inventory management practices for increased demand.

Bent and split, although my model validation plays giving team much needed emotional support noticed a few going well.

Faarrrrrrk me,