Monday 29 August 2011

Funny old day

UK market closed. Dax dragged up by US strength (196 points as I write). Still comfortably within the trading range established since the market stopped its fall. (See chart). Gold and silver both started well but the glitter has faded as the day has gone on so my gamble has not paid off so far. Losses on my index shorts have been compensated by my stock picks. In particular GTIV on the Nasdaq has shot up 24% (after costs) since I bought it on August 12. KFX in London has also managed 17%. Let's see what tomorrow brings.

Took advantage of the Bank Holiday to watch an amazing film with Robert Duvall, Bill Murray and Sissy Spacek called Get Low. Very unusual and moving examination of guilt.

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