The world markets are under slight pressure this morning and our futures market opened down 100 points. The mining tax in Australia, with the resurfacing of the banking issues in Europe does make investors nervous. We prefer to trade short at the moment and will keep an eye on some blue chips that is showing decent value.
Some of our current positions are
Pairs
Long Reinet, short BATS
Long Pikwik short PIK
Long ABSA short ABIL
Other
Short ALSI future
Long Gold and selected IT stocks
Safe trading
Your Rock Capital team
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