Lunch Update (1 Mar 2006)

Every time the market stages a recovery, something comes along and whacks it down. This time it's the incredible fuel price hike announced yesterday. It's starting to look like the Govt really wants to test the market's resilience ...

Latest disposals:

ASIATIC: -1,000 (2.89) ... Balance 1,500

CAROTEC: -5,000 (0.685) ... Balance 11,000 (regret selling this, hope it pulls back)

MASTEEL: -10,000 (0.63), -9,000 (0.625) ... Balance 0 (result's out, disappointing for me, looks like recovery not clearly in sight yet, might still run-up on placement play tho', but am getting out for now)

/ichithekiller