Posted in: spread-betting
RE: Trading/Spreadbetting board29 Jan 2017 13:50
fp / Mungos.- --good afternoon both .
Well, " The Donald " certainly stirring things up very early in his Presidency . I simply cannot get my head around the fact that Donald Trump is President of , arguably , the mightiest nation in the free world . Perhaps i'll wake from this nightmare tomorrow (lol) .---
Anyways back to the Markets , who seem to like what#s going on atm., altho' we'll have to wait a few hours longer to see if his current " gaff" on immigration adversely affects the Dow . IG sunday Dow hasn't shown much weakness atm.!! ---
The Golod rout seems to have stopped for the moment --- very , very difficult to read any sort of " position " atm , so i'm staying out .
I'm continuing my double up strategy on the Dow as it still does look very overvalued and must surely see some sort of downward move soon.
Altho' 20,000 will be seen seen now as very good support .
I doubled up Short @ 20128 giving me another average of 20096 --- closed one ( average b/e ) and am currently about 13pts. to the good on the remaining position.
A drop to target 20,000 would be nice now !! ---
My TRIN in profit & so is my latest small Long in AV .
Have gone back Long BTG after the drops in pharma. comps. due to Trumps latest drugs pricing strategy & am Long BT ( 300p --- suspect that might be a longer hold than i first envisaged ).
Still holding onto a large holding in ITV . Some excitement in the week drove it back uo to around 216p but has dropped right back now as no confirmed bid emerged .Could have saved myself about £5000 -00 had i sold at 216p and bought back at current levels -- hindsight and all that !!.
Catch up in the week, time permitting , as the good lady and i are on a cholesterol lowering exercise regime and are out walking most days now ---plenty of good walking to be had around my neck of the woods!!.
Trying to cut down on sugar etc etc but finding it hard , so just taking the statins for now (lol)---
GL both ----