useless_investor6 Feb 2013 17:14
I wasn`t solely referring to afternoon trading ... My commentary is based on the last few days ...
For example, I sold my tranche1 holding of CEY at 65P a few days ago and placed it into CAPD at 36P. I am on record stating that I did not expect good news from the court hearing of 06/02/13, and as such, anticipated the SP to either fall or meander around the 61P mark until we have closure. To me, at the moment, CAPD appears safer and less volatile.
That said, I am continually reviewing my CEY re-entry point. For me, this will either be at 55P or 65P. Both levels are key indicators for very different reasons. In the interim, I hope to make 3-4% whilst the cash is tied up in CAPD.
I am not into the Lottery. Never have been. Strategy and knowing how the market works is the only assured way of making real money. GL for tomorrow.