Wednesday, 30 March 2011

Stocks up, bonds fall

Its as if the the earthquake in Japan never happened, the way we have bounced hard in the stocks.
I was thinking that we would come of a bit more which would give some nice opps to get into some beaten stocks, but it didn't really materialise and we seem to be going up everyday.
The portfolio is holding up pretty well as of now, SAFT is not really made a move one way or the other for the past few days. I'm looking to sell half BIDU at 138-139, if it gets up there.

As far as futures go, looks like volatility has dropped in STIRs, as its been low volume churning the past few days. Hopefully things pick up again in April, as a potential rate rise looms.

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