Monday, 26 January 2009

Quick!

Just a quick note that we have dipped into the equity market again. We have bought a decent-sized position in SPX March futures at 829 level with stop around 810 (risking 2% again). Yet another try at the bear-market rally though our ammo is reduced from recent failed attempts. Not to despair though. We will make it back fairly quickly once the rally comes due to disciplined risk-reward.

Good luck!

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