My personal portfolio
Comment of the Day

March 12 2014

Commentary by David Fuller

My personal portfolio

A trade increased, another reopened

David Fuller's view

With Wall Street’s rally looking tired, and the Russian aggression raising understandable concerns, I decided to increase my silver longs today.  Incidentally, I broke one of my old trading rules when I previously bought silver near a small recovery high on 24th & 25th February: “Don’t pay up for commodities, especially silver.”  Having ridden out the pullback, short-term stochastic indicators have gone from overbought to somewhat oversold, so I bought more May silver this afternoon, paying 2213.3, including spread-bet dealing costs.  This evening, I repurchased corn, paying 488.1 for the May contract, including spread-bet dealing costs.

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