My personal portfolio
Comment of the Day

July 03 2014

Commentary by David Fuller

My personal portfolio

A new trade opened

David Fuller's view

Maintaining that there may be a little more life in the global stock market cycle before the next significant correction occurs, I bought the Australia 200 Index (AS51) today, paying 5485.5 for a September contract, including spread-bet dealing costs.  Australia is often a strong late runner in bull markets, benefiting from the highly cyclical recovery in mining shares, in addition to its other industries. 

(See also yesterday’s My Personal Portfolio, which includes a listing of my other spread-bet positions.)   

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