David Fuller's view

This was one stock market futures trade too many, as I repurchased the S&P/ASX 200 Index on 17th September, paying 5398.5 for the October contract.  This time it not only did not bounce but fell sharply.  I held on but decided to sell it this afternoon when Wall Street’s gains carried the ASX 200 futures contract above its earlier cash Index close.  I sold at 5405.5, and the two prices shown include spread-bet dealing costs of 3 points each way.