Ninja Master Fund updates.

I closed off my short positions in Capitaland and Simsci this morning at a slight loss. The STI index seemed to be holding well and my July simsci contract is going to expire next Monday.

The market continue to hold well despite disappointing APPL results plus the fact that one of the most exciting corporate battle is going to happen to F&N and APB. We shall see the drama unfold in the coming weeks. Interesting to watch but not sure if the risk and reward of taking a position now is worth the effort. :)

Happy trading.