My personal portfolio:
Comment of the Day

October 28 2010

Commentary by David Fuller

My personal portfolio:

Lumber long trade reopened

David Fuller's view Despite some concern which I have expressed this week about a consolidation and perhaps partial retracement of recent gains in stock markets and commodities, today's weakness in the USD tempted me to reopen long positions in lumber (weekly & daily). I paid $271.65 and $268.20 for the January position, including spread-bet dealing costs of $1.

Among transactions occurring while I was away, which I have mentioned but not supplied details, I increased my corn long on 6th October, paying 491.9¢ for another December position. Breakeven stops were triggered for my palladium and platinum longs which I later reopened at higher levels, paying $592.2 for December palladium on 13th October and $1696 for January platinum on 15th October. These prices include spread-bet dealing costs.

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