Eoin's personal portfolio
Comment of the Day

September 30 2013

Commentary by Eoin Treacy

Eoin's personal portfolio

stock market index long closed and stop lowered on stock market index short

Eoin Treacy's view I will be heading out to Vermont for the 51 st Contrary Opinion forum tomorrow evening so I have been tailoring my positions to cater to the fact that I will be away from the office.

I decided to close my long in the December Nikkei-225 contract this morning at 14,570 against my rolled forward purchase at 14515 on September 11 th .

I have also lowered the stop on my S&P 500 short position from breakeven to in-the-money. The Index continues to drift lower as it unwinds the short-term overbought condition and is drawing progressively closer to the progression of higher reaction lows that has been in evidence since November.

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