Trading positions for 15th Oct 2009

Closed the following positions:

Semb marine @ $3.5 (+$806.95)

Remaining positions:

Cosmosteel @ $0.551

Markets were edging up in the morning but the afternoon didn't show strength in most of the mid-small cap counters. Currently, Europe is trading around -0.5% for each market and Goldman's results are out. Even though it beat market expectations, but the investment arm of Goldman didn't surprise the market.

The news for Citi just came out, and it posted an earnings loss of 27 cents a share that appeared to beat analyst estimates but didn't satisfy Wall Street. Tonight will be an interesting night as Dow has crossed the 10,000 mark yesterday and the whole sentiment is on hold now waiting for the opening.

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