David Fuller's view On seeing its sister metal palladium reach a new recovery high today, I increased my platinum long position by 50%, paying $1578.9 for another April position. An inconvenience with this spread-bet trade is that April positions have to be either closed or rolled forward on 19th March, increasing dealing costs. In Wednesday's Audio I mentioned that the euro's weakness was creating a more positive environment for Euroland's exporters to the rest of the world, as it would boost their consolidated earnings. I mentioned Siemens AG (SIE GY) (weekly & daily) and ArcelorMittal (MT NA) (weekly & daily) as candidates that I was considering for a trade. Both have good chart patterns and Siemens could run following a breakout from its large trading range. Both have been firm recently but I felt that ArcelorMittal had temporarily gotten away from me in the last few days. I paid €67.99 for a June position. A disadvantage with this spread-bet trade is the large spread of €0.60. I opened a number of long trades in ArcelorMittal last year and continue to regard it as a buy on setbacks, provided it remains on the left side of the rising MA.