My personal portfolio: Soybeans sell stop triggered; crude oil long sold; corn long reopened; platinum purchased
David Fuller's view
I gave up some profits as my in-the-money stop in soybeans (weekly
& daily) was triggered during
a reaction this morning. Consequently, my two equal-sized November longs were
sold at $1085 against my purchases at $10.371 and $10.498 on 10th and 17th September,
respectively. I may repurchase as the base formation is so promising.
This
afternoon I took more profits in crude oil (weekly
& daily), selling my November longs
at $77.405 and $77.42 against my purchases at $76.645 and $76.01 on 15th and
21st September, respectively. My strategy is to buy crude oil on easing within
the range and to take profits on rallies.
This
evening, I repurchased corn (weekly
& daily) on the close, paying $5.061, slightly less
than where I last sold, for another December position. This is not a large positon
as corn has had a very strong move recently.
I also
bought platinum (weekly & daily),
paying $1656.5 for a January position.
These
prices include spread-bet dealing costs.