Eoin's personal portfolio
Comment of the Day

June 04 2010

Commentary by Eoin Treacy

Eoin's personal portfolio

in-the-money stop triggered in Nikkei-225. DAX short and natural gas long initiated

Eoin Treacy's view an in-the-money stop in my Nikkei-225 June long, opened on May 27th at 9730 was hit today at 9765.

Seeing today's weak action on the DAX I opened a short in the September contract selling at 5937. The risk is that current anxiety does not follow through into additional downside.

I also opened a long in June natural gas at 4.841. Gas is comparatively cheap and yesterday's powerful breakout and follow through today is encouraging. The risk is that this morphs into another failed upside break and the price falls straight back into the range.

All prices quoted include spread-bet dealing costs.

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