My personal portfolio
Comment of the Day

September 12 2012

Commentary by Eoin Treacy

My personal portfolio

platinum profit taken

Eoin Treacy's view platinum has rallied for nine consecutive days and is becoming increasingly overbought in the short term. On seeing some weakness this morning I closed by long in the October contract at $1633.50 against my purchase on August 31 st at $1512.30. In pursuing this strategy I am conscious of the risk that platinum may continue to rally before experiencing a pullback. I hope to be able to reopen the position at a lower level.

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