Still Live4 Oct 2009 13:21
Tomorrow Monday back to Irish Banks ! BKIR first choice , but also looking at IPM . A € 5 punt in BKIR at Friday's closing prices is equivilant to € 1500 , so have to watch the margins carefully to stay within my limits , of trying to stay with 100 % margin . I think that the margin required by the company is about 30 % but I feel safer with 100 % margin . Until I get confident with this spread betting anyway . Going short on the Irish banks is still banned . ( IPM very safe bank , but would need to move more than 50 cents at current levels to give 10 % increase ) .