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Tuesday, July 31, 2007

Holdings @ 31/07/2007 5:05 PM

Cut my position in the morning and shorted Lian Beng using CFD. That's what I call 'itchy backside'.

Oh yah, one of my friend mentioned about Dow Jones and Shanghai going opposite direction, i.e: Dow Jones keeps coming down but Shanghai keeps breaking new high. Moreover, the Sesdaq index dropped about 3 percent today. I honestly advise all to be really careful. Hit and run maybe more suitable now.

Opened Positions

Lian Beng Shorted 40 lots @ 0.50

Closed Positions + P&L

ChinaAngel sold 40 lots @ 0.675 -$800

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