XAO 0.99% 8,153.7 all ordinaries

Hound and I just trading about 10 stocks we know really well on...

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    Hound and I just trading about 10 stocks we know really well on local support for expense money.

    Stocks like MYX, LYC, CLV, RHP etc stocks around a $1 +- 50c.

    We go in 10000 share lots and happy making 2 pips (gross $200)

    Pretty much DTing, you would be surprised how it all adds up, watching 10 always seems to be one that is on support, trick is up a couple (maybe 3) pips then get out.

    Downside you need to be in front of your computer all day, not a problem atm, hound and I doing some consultancy work for gov, did not want to do it but apparently they have not been investing in the public service last few years, the team put in a tender which we thought outrageous (padded with $30/hr for the hound) but they accepted.

    On reflection a top flight 'trading hound' for 30 bucks an hour is pretty good deal, probably only about 10 or 15 of the hounds calibre with access to the ASX.

    Maybe they (gov) do know what their doing

    Maybe not the time atm but with money going into junior Bio's, AHV & VTI models seem much more advanced in their cycles than balance, but maybe for down the track a bit as Dow is all emotional atm.
 
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