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taking £34.93 to £1m by 2011
- Thread starter ropey b
- Start date
25th - closed GMG 250.09, profit 10.10 - it went down
25h - sold MRW at 264.2 - needed a hedge for my long positions was looking at retail sector and this one jumped out - hoping for bad news soon
and doubled stake in BB. - was only v. small stake anyway and want to increase exposure to banking sector
account balance on 28th - 42.13
sorry for late update (to all 33 of you who have viewed the thread) as have been very busy deciding which italian sports car to buy when I hit the 1m mark
25h - sold MRW at 264.2 - needed a hedge for my long positions was looking at retail sector and this one jumped out - hoping for bad news soon
and doubled stake in BB. - was only v. small stake anyway and want to increase exposure to banking sector
account balance on 28th - 42.13
sorry for late update (to all 33 of you who have viewed the thread) as have been very busy deciding which italian sports car to buy when I hit the 1m mark
today I closed my QQ. long for 197.6 (+3.1p) and my MRW short for 263.9 (+.3p).
looking to spice things up a bit so today I will be shopping for some riskier assets.
I know choosing the right car will be a long and stressful journey but I think with dicipline I can get through it. Of course the real toughie will be when the sunseeker catalogue arrives, but lets not get ahead of ourselver here.
account balance £47.66
looking to spice things up a bit so today I will be shopping for some riskier assets.
I know choosing the right car will be a long and stressful journey but I think with dicipline I can get through it. Of course the real toughie will be when the sunseeker catalogue arrives, but lets not get ahead of ourselver here.
account balance £47.66
cheated a bit and put another £30 cash in today.
new positions:
long cobham 206.3 - they supply bits to the defence industry.
short lloyds tsb 291.4 - they've got massive mortgage exposure and I think investors may be holding on till next wed when they go ex-div before selling
short MAB 251.8 - wanted to short pubs and their 'interim managment statement' smacks of desparation
long cattles 123.3 - they sell loans to scallies.
market timing was poor - I was net short for about an hour and this cost me a couple of quid.
new positions:
long cobham 206.3 - they supply bits to the defence industry.
short lloyds tsb 291.4 - they've got massive mortgage exposure and I think investors may be holding on till next wed when they go ex-div before selling
short MAB 251.8 - wanted to short pubs and their 'interim managment statement' smacks of desparation
long cattles 123.3 - they sell loans to scallies.
market timing was poor - I was net short for about an hour and this cost me a couple of quid.