Club Mulgoa

Thursday, November 11, 2010

Another crazy day

Why has SIH gone up by 2.5c? I don't know but it has been doing seminars to raise its profile in Sydney and Hong Kong.

CDU went up because like in the past, while it reports great grades, I worry that the final resource will be below expectation. I was doing a little trading the last time when it was crumbling; the final top up was for $2.41.

Losses were plentiful but overall, I gained 1% on one portfolio and fell 0.5% on the other. So, there was plenty of alpha for me today.

GMM fell today. I picked some up. I think it was oversold for the wrong reason. And I also bought a small parcel of BSR. If there is economic turmoil, gold will remain high.

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