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July 11 2011

Commentary by David Fuller

My personal portfolio:

A breakeven stop triggered in crude oil short

David Fuller's view On seeing the decline in Brent crude (weekly & daily) this morning, I placed a breakeven stop to protect the short position that I opened on Monday. This was triggered a few hours later by an intraday rally of over $3. Accordingly, my short was repurchased at $117.53 against my sale at $117.70 on 8th July. These prices include all spread-bet dealing costs.

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