My personal portfolio
Comment of the Day

February 12 2014

Commentary by David Fuller

My personal portfolio

A hedge trade reopened

David Fuller's view

I reopened a hedge short position in the Nasdaq 100 Index.

This can feel like tilting at windmills as investors chase fashionable tech stocks.  Nevertheless, NDX 100 (weekly & daily) is overbought and a lot higher than when I closed my last short in this Index on Feb 4, when it was technically oversold.  I shorted the March contract this afternoon at 3620.4, including spread-bet dealing costs.   

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