Tuesday, 15 March 2011

Trading update

Stocks have come off there lows and Bonds have come well of there highs, as things settle down slightly before the FOMC rate decision tonight. This has hands down been one of the busiest days Ive seen in the markets for a long while, and hopefully this volatility continues.

My sell in ATNI was just royal f*** up, as it went to trade higher by a further 2.5%, very bad timing on that and in hind site the fact that it was up on a big down day was the biggest clue that I should have held it. But you live and learn.
After my sell in AGCO as well I only have one open position in BIDU. I really do think these markets will come off more so I think I will have good opportunities later on. The effect of the quake and the possible nuclear consequences I think will weigh to much on stocks. Time will tell

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