{"id":1117,"date":"2009-07-31T22:00:59","date_gmt":"2009-07-31T22:00:59","guid":{"rendered":"http:\/\/www.betangel.com\/blog_wp\/?p=1117"},"modified":"2009-07-31T22:11:17","modified_gmt":"2009-07-31T22:11:17","slug":"positive-month","status":"publish","type":"post","link":"https:\/\/www.betfairtradingblog.com\/blog_wp\/2009\/07\/31\/positive-month\/","title":{"rendered":"Positive month"},"content":{"rendered":"

Well the curtain has drawn down on July and as it turned out to be an interesting month. I ended up doing a similar total to last year, but more notable was that my strike rate shot up into the high 80’s this month. It’s the first month that I have used the new market overview screen<\/a> permanently. Coincidence, possibly, but in a long shallow declining trend this month sticks out like a sore thumb; I hope it continues into August.<\/p>\n

My overriding memory of last year was the nightmare at York when the meeting was abandoned. Not the only races to be lost to the weather. I really hope that the same doesn’t occur this year. Fingers crossed.<\/p>\n

I started investing with some vigour again this month and even took an up bet on the FTSE index at the start of the month. I’ve been following a long term sentiment indicator and it turned positive as we exited last month. It doesn’t send a signal out often but when it flashed last month I felt I didn’t have much to lose by following it. I’m not into market timing really, but this indicator only gives out signals years apart so I thought it made sense to pay attention. The FTSE has since risen 9% on the month! I think we have a long way to go potentially on the next leg up on the market, but I will wait for the current euphoria to die down before adding to my positions.<\/p>\n

You may be interested to know we are currently experimenting with similar indicators in Bet Angel. There are a fair few differences between the way both markets act so I am not sure if we will find anything useful, but it’s worth a try.<\/p>\n

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Well the curtain has drawn down on July and as it turned out to be an interesting month. I ended up doing a similar total to last year, but more notable was that my strike rate shot up into the high 80’s this month. It’s the first month that I have used the new market […]<\/p>\n

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