tiny feeler shorts - 6 have been acquired over the last 2 days due to the recent upward reversal in the markets
one medium size short was also taken up in a moment of excitement and that's now has a small loss....... challenger ltd. announced its h1 results and the subsequent sharp yo - yoing of the price over very short time period tricked me into taking out the short at far too low a price .......
in future I might wait one or two days after a results announcement for a price trend to settle.......
china A50 another small short taken out here at 8890 as the Chinese market has now also begun to reverse upwards....... so now with a total medium sized risked here.
the rising market has also brought my longs (AIA and RFG) to level much closer to their purchase price - from -10% to -4% with RFG........ I am counting on good h1 results with these two.......
the market - my current strategy to short the market might have to be reviewed - maybe we have hit the bottom at 4800 give or take ?
