Thursday, 30 June 2011

Market momentum

So market has been surprisingly resilient and constant increases of significant amounts. Low volume a bit troubling and i would expect at least a small pullback soon. Too early to say if it'll reverse or just a short break.

Current expectation is that it can go up a bit more so may sell a couple small things for options that are above 100% but hold the rest and in the meantime, put in some stop loss orders.

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