Stocks : 22nd July 2014

New Trades

Yesterday the ASX had a highest close for the past 5 years or so.  Our on/off switch has kept us in the game while our risk management rules mean we aren't either selling or buying without regard to our open risk.  If the market pushes up aggressively from here we will add new positions soon enough.  At the same time, if this is a false dawn we will lose some, but not all, of our capital and live to fight another day.

Hitcher and Random status = On (as at July 8th) 

Hitcher

Nil

Random

Nil

 Flipper

Nil

 

Closing

Hitcher

Nil

Random

Nil

Flipper

Nil

 

Chart of the day

 

All charts courtesy of www.IncredibleCharts.com

 

Disclaimer
I am not a financial adviser.  These are paper trades.  I am not suggesting you follow these signals.  If you take any action based on my blog you do so at your own risk.