My personal portfolio
Comment of the Day

October 17 2012

Commentary by David Fuller

My personal portfolio

A breakeven stop triggered on part of my silver position

David Fuller's view On seeing that Wall Street was likely to open lower, I placed breakeven stops on the silver and platinum longs that I purchased yesterday, knowing that there was a high probability that they would be triggered. Subsequently, yesterday's silver purchase at $32.858 was stopped out at $32.905 this afternoon. Platinum currently has the better pattern, as you can see. These prices include all spread-bet dealing costs.

Overall, I was interested to see that there was no sudden downdraught today, suggesting to me that these markets are oversold as indicated by the Stochastics charts that I posted yesterday.

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