A late, late blog entry for me, having been down for an hour or two today with a switchover to a new ISP and then a farewell lunch for an old work colleague.
The Chinese figures came through at midday showing a mild but expected slowdown and the market rallied back to square after opening down 0.5%. It then dropped back to the lows, so just a pullback after yesterday's big rally.
I've done very little. Wsa rallied on a good quarterly activities report so I've sold half of my balance out in the mid 430s.
Otherwise, the other significant position is Lnc which has held most of yesterday's gains while waiting for further news. It's their Galilee coal field that's for sale for around $1bn and the prospective acquirer, Adani, is a company that gets things done and is hiring banks with regards to a share issue of $600 mn (according to broker research from BBY).
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