Eoin's personal portfolio:
Comment of the Day

January 20 2011

Commentary by Eoin Treacy

Eoin's personal portfolio:

Sasol longs closed at a net profit

Eoin Treacy's view I closed my spread-bet longs in the Sasol ADR this afternoon. My actions were motivated by the reaction unfolding in commodities and the relative weakness of the Rand which has impeded the ADR's reassertion of its medium-term uptrend. I sold both positions at $50.79 against purchases of the June contract at $51.90 and $45.81 on January 12th and December 1st respectively. All prices quoted include spread-bet dealing cost.

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