My personal portfolio: Profit taken on Nikkei futures long trade
Comment of the Day

July 14 2010

Commentary by David Fuller

My personal portfolio: Profit taken on Nikkei futures long trade

David Fuller's view With stock markets showing short-term overbought conditions, as I mentioned yesterday, I thought it prudent to take the trading profit on my Nikkei long opened following the upside key day reversal on Tuesday of the previous week. This afternoon I sold my position in September Nikkei futures at 9753 against my purchase at 9493 on 6th July. These prices include spread-bet dealing costs of 20 points each way.

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