Sorry for no post yesterday. Time just seemed to fly by and before I knew it I was crawling into bed at the end of a long day. I don’t know where the time went but obviously I didn’t find the time to write anything. Not much happened regarding my trading anyway. Some of my positions went up some went down, much the same as today.
Luminar was my star performer in early trading today. The price nearly hit 18p earlier today which was around 16% up. I was quite glad to see the price finally starting to move having not done much for the last few months. Sadly as the day drew on the price gradually fell. At the time of writing the stock is currently around 16% down. It just goes to show how anything can happen in the world of trading.
Following on from my post the other day about the FTSE 100 it would seem that the resistance level of 5600 has proved to be too much to pass for the time being. With it currently hovering around 5500 and all the news about the Irish economy slowing down and the Eurozone economy signalling a slowdown I wonder if it will fall further still?
I’ve had a look for new potential trades today and there are a few but I don’t want to overtrade so I’ve managed to stop myself. A few months ago I would’ve just traded for the sake of it but I’m hoping that’s a thing of the past. I know there will be plenty of opportunities to trade at a future date.

Until next time
“May the markets be with you”
Spread Betting Beginner

September 23, 2010 by Harry
Category: blog