My personal portfolio:
Comment of the Day

January 24 2011

Commentary by David Fuller

My personal portfolio:

Breakeven stop triggered in NDX short, position reopened at a slightly better price

David Fuller's view It is 'déjà vu all over again' for me in my Nasdaq 100 Index hedge short. For the second time in less than a week I have seen it rally back up and trigger my breakeven stop. This afternoon I was stopped out of my March NDX short which was bought back at 2292 against my sale at $2295.9 on Friday 21st January. Later, I resold the March position at the slightly higher level of 2296.4. These prices include all spread-bet dealing costs, which are 4-points with each trade.

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