My personal portfolio:
Comment of the Day

February 21 2011

Commentary by David Fuller

My personal portfolio:

Crude oil futures long stopped out; S&P hedge short reopened

David Fuller's view When crude oil rallied from a small losing position on Friday, I placed a breakeven stop on leaving before the Wall Street close. That was an expensive stop as it was triggered before the close, causing my March long to be sold at $86.50 on 18th February, against my purchase price at $86.285 on 8th February. My consolation is in knowing / hoping that some subscribers profited from today's $5+ rally in crude oil.

This afternoon I reopened a hedge short in the S&P 500 Index, selling the March contract at 1330.13.

These prices include spread-bet dealing costs.

Back to top