Hi Jongo, I was actually thinking of going LONG on TLS it is too strong to short I reckon. The govt has 80 billion to give it over 20 years out of all stocks at present I would go long to $5.60 then think of a short. FMG was also thinking of a long its been hammered so much and any upward pressure on iron ore price it could jump up. Don't have shorts on WEs yet will short it at $43 and then double up at $45 if it makes it with my strategy. I lightened my shorts on FLT on Mon and have now doubled them again today. CSL steady no direction have 3000 shorts open on CSL my biggest position. HVN shorts holding at 30 000 shares JBH shorts well in green. Fairfax in green (ave $1.045) and WOW slightly red. Topped up shorts on WOW today. Steady with my ORG shorts in green (5.14 line). Have decided to put in tight stops on S&P 500 so I don't lose money. The index certainly jumps around. When I was with ASX CFD it wasn't noticeable since a short position on ASX 200 was effectively $50 000 and didn't change moment to moment. I now understand why shorts on Footsie Dax and S&P can be a problem they move +++ and then stop out suddenly as the day progresses. I can see how high frequency traders make serious money if they are quicker than us! Will watch the Footsie for now great profit but error in too big a position lucky it went well.
