the all ords moved back towards the top of its trading band today ......
5 shorts were opened and another KMD was opened and then stopped out at a small loss....
new shorts are - BRG, FLT, CSL, MYX and ORG + existing shorts - OSH, MTS, HVN....
average end of day results for all of these trades - just very slightly down.
HVN gained in profit a bit..
The gold stocks that I had RRL, NCM, and SIR were sold down at a moderate loss....
however FET continued its rise to make the o/a for the day a tad bit down....
the all ords trading band is now exactly horizontal and it looks like it may range in the upper half of the trading band for a while - it ranged in the lower half of the trading band from 6 weeks ago to 2.5 weeks ago...
in oil and gas - OSH, ORG
in retail / consumer spending - BRG, HVN, MTS, FLT.
in heathcare - CSL, MYX.
and REIT's - FET