My personal portfolio:
Comment of the Day

February 22 2011

Commentary by David Fuller

My personal portfolio:

Breakeven stops triggered for S&P short and palladium long

David Fuller's view Having shorted the S&P 500 Index yesterday evening, on seeing today's week opening I placed a breakeven stop. This was triggered this afternoon and my March short was bought back at 1329.50 against yesterday's sale at 1330.13. Feeling somewhat reluctant to have more positions in this environment, I resisted the temptation to re-short the S&P when it was up to 4-points higher shortly after the stop was triggered.

A recent stop on palladium was also triggered today. Consequently my March long was sold at $828 this evening against my purchase at $823.78 on 1st February.

Prices above include all spread-bet dealing costs.


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