Wednesday
Made $1k in 24 Hours
Gap narrowed very quickly as FTSE crashed to 4514 whilst Australia 200 stayed strong at 3760. The Inflationist has decided to take profit (even though we think FTSE has got a long way to fall - the gap could easily close up to 700), but $1k for one days “work” is not bad at all (Note: the actual positions shown in the screen are not based on the previous posts, in real life we got in at better positions! Note the above is $5/point).
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All entries filed under The Inflationist Challenge 2009
no responses - Posted 01.06.09
A very profitable and relatively safe way of making money that the The Inflationist subscribes to is in Discrepancy Trading. We take two opposite positions (ie long X and short Y) to take advantage of temporary decoupling between two prices (index, commodity price etc). This style of trading is not ...continue
no responses - Posted 01.06.09
We picked up $6500 worth of Cooper Energy (COE) at 0.26c as it continues to trade close to cash backing. Its record levels of oil production, high cash backing, recent success at Callowanga, opportunistic takeover attempt of Incremental (which seem like a good investment per se long term) gives us ...continue
35 responses - Posted 01.04.09
Australian investors will have heard of David Haselhurst, the stock-tipper extraordinaire whose tips for "The Speculator Column" outstripped the All-Ordinaries index in 30 of 34 years, with nine years of TRIPLE digit growth. Some call him the Warren Buffett of Australia, who (on paper) puts even the Oracle of Omaha ...continue


