My personal portfolio
Siemens AG long trade increased
David Fuller's view With earlier positions protected with what should
be at least breakeven stops, I used this afternoon's weakness to increase my
long position in Siemens (SIE GY) (weekly
& daily) by a third. I paid
€73.90 for another June contract, including spread-bet dealing costs of
€0.51. The risks with this trade are a possible stock market consolidation
in response to recent strong gains, and the spread-bet dealing costs in shares
are expensive. I can justify the latter because CGT is not applicable in the
UK with spread-bets.