My personal portfolio: A long trade opened in crude oil futures; details of my recent Atlantis fund switch
David Fuller's view Crude
oil looks oversold following tracker fund liquidations
and lower demand from the USA. It is also near prior support. While crude oil
has yet to reaffirm prior support with an upward dynamic, I decided to anticipate
a bounce and paid $70.915 for an October contract, including spread-bet dealing
costs of 6¢. Given the late bounce I am now protecting this position with
a breakeven stop.
Here
are the details for my Atlantis fund switch, which arrived while I was away
last week:
Atlantis
New China Fortune Fund sold at$1.48
Atlantis China Healthcare
Fund purchased at $1.049
My costs
were standard brokerage commissions which I regard as good value for the service
provided.