David Fuller's view

My small position in the BlackRock World Mining Trust PLC was in the Dec contract, having been previously rolled forward at 249.95 on 9/10. Clearly a bad decision, this expired at 172.308 on 15/12, and I simultaneously purchased the March contract at 173.4326.  I intend to increase this stake when I see evidence of an uptrend.

My considerably larger position is in General Electric Co, which I opened in three equal-sized purchases in the Dec contract: 28.12 on 10/4, 28.36 on 13/4 and 27.20 on 22/4. GE had a torrid time shortly thereafter but fortunately turned around and these three contracts expired at 30.53 on 15/12.  Having kept them on automatic rollover, I simultaneously purchased Mar contracts at 30.3786.  GE is undergoing a positive transformation and I am looking for prices closer to the $40 region.

Prices above include all spread-bet dealing costs.