My personal portfolio
Comment of the Day

July 04 2012

Commentary by David Fuller

My personal portfolio

Platinum futures long trade increased

David Fuller's view With platinum backing off its June high this morning I increased my long stake, paying $1482.6, including spread-bet dealing costs, for another October position. There is a risk that prices fall back further within the range, but with yesterday's purchase protected with a breakeven stop I do not feel overexposed. Recent upward dynamics from the range low suggest, in my opinion, that the next significant move is also likely to be upwards.

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