Hi

sorry I haven't posted sooner but there's been little or nothing to report. At the moment I have 7 open positions; I recently lost all my SOUND contracts when the price momentarily dipped below my stop loss.

My account funds have dropped to around £500 (an all time low in over a year!), and I can't remember the last time I opened a new contract. To be honest the prognosis is not looking good and it's very difficult to see any light at the end of the tunnel. In fairness my strategy has remained the same throughout; however when the markets turn nasty over an unprecedented period of time there's not a lot you can do..

I'll hang on in there with my 7 positions (all in the red!), but I can't see me opening any new contracts anytime soon. At least I have about a £1K in 'real' shares which I purchased from monies accrued in this account - so it's not all down...

I probably won't post as often since there's not much happening at the moment; see you in a few days or so..

Cheers, BIG AL