Australian (ASX) Stock Market Forum

Current Open Positions

lol Iron Man, as i said a high risk play, based more on fundies than anything else, if the d/e is slashed I will be exiting if it is maintained happy days. Will find out one way or the other soon. It really is a longer term yield play, I'm willing to hold a decent capital loss for a while as long as the d/e is getting paid and I'm only risking a very small % of capital on it.

Are you still short SEK and long AND? Both good trades especially the AND one.
 
AND exited this morning with a Trailing stop @ 1.60, Had alot of good profit that I wanted to bag. maybe another opp later.
Current positions SEK 12.78 short, OST 1.98 short, CUS 1.51 long (this has a 52 week high), SRL .87 short, BLD short 2.98.
 
re:BLD - One thing I always look for around this time of year, but normally the sp will drop by about the same price if not more than the d/e.

Trade taken today on SHL @ $12.22 x 500 w/stop @ $11.69
 
SHL exited @ $11.95 on the close - Continued weakness, needed to hold above $12.15 to justify holding
 
Yesterday sold out all positions to take all profits off the table.
The reason was the chances of Dow bounce very high and profits from shorts. Plus I can re-enter as last week of Cityindex no commissions. However this was not trading the system as my account is small and needs pumping up.

New holdings - FLT short, - CWN long - OZL short - HHG long- ALL -long

regret selling CUS but thats life, could re-enter later






New holdings -
 
current positions - Have a mixed bag of stocks. longs - CSL,Glouster coal ,cellectis,CWN,HGG, ALL, Shorts - Macather coal,TLS, BSL,OST,AIO,FLT,OZL
Bought also TOL for report day @ 4.81 sold 5.18 for a nice day trade. Will have orders for breakout for tommorrow.
OZL is the one that might hit me hard but I have also a buy order if it goes the other way.
 
OZL -stopped out .58 and long .65, GCL takeover target jumped nicely. This is the first time for me to be in takeover.
 
Sold GCL @ 4.93 with a tidy profit. Sold CWN @ 5.05 for a small profit again announcement day. Short SPT @ 1.62.
 
I was also stopped out of CSL on Friday at $36.60

Ironman why not start your own blog?
 
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