Eoin's personal portfolio
Comment of the Day

May 21 2012

Commentary by Eoin Treacy

Eoin's personal portfolio

Market Vectors Junior Gold Miners ETF long stopped out and reopened, S&P500 short closed at a profit, Nasdaq-100 long opened.

Eoin Treacy's view A breakeven stop on my long in the Market Vectors Junior Gold Miners ETF was triggered Friday evening at $18.492 against my purchase on the 17 th at $18.49. I reopened the position today paying $19.16 for another September contract. I also took the profit on my short in the S&P500 September contract, closing the position at 1298 against my sale 1336 on the 14 th .

The Nasdaq-100 has developed a short-term oversold condition but found support today in the region of 2500 and the upper side of the underlying trading range. A sustained move below today's low would be required to question potential for a further bounce. I opened a long position in the September contract paying 2525.3. All prices include spread-bet dealing costs.

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