Thursday 12 August 2010

Thurs Aug 12th - Trading Day

Not much of a day - a lot of stuff off on the back of the US - S&P at a critical level - if it closes down today I reckon it's a 1050 retest perhaps.  Still, the S&P held 1088 last night so at least that says there are bulls around, or at least the bears aren't as bearish as they could be.

Not done much, finished selling my GDWN where I've got bored - want to chase faster stuff.

2 comments:

  1. didn't do much this afternoon - not a market to do much in imo.

    Added a few TNI and YULC. Sold the last of my GDWN that I've held for an age. Sold some GKN - can't believe it's falling trough support on this rating. top sliced a couple of others by 20%

    Dull day

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  2. Cockney Rebel - Thanks again for taking the time to post a comment on my blog. I haven't looked at RED yet, but will make time over the weekend. I'll also revisit Scapa, although having seen it at around 16p, I'm a little reluctant to purchase it at twice the price.
    It's interesting that over the years (since posting on Advfn), we often appear to gravitate towards the same or similar stocks. I guess our investment criteria must be very similar, although I note that you trade full time so I assume you are far more active in buying and selling.

    Good luck with your holdings, and as I said I'll have a look at your two recommendations.

    Out of interest, why have you stopped blogging? This appears to be your last entry.

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