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Thursday, August 02, 2007

Holdings @ 02/08/2007 5:05 PM

Market is like a roller coaster now. Up up down down. I just keep my short position and see how.

Opened Positions

Lian Beng Shorted 40 lots @ 0.50

Closed Positions + P&L

ChinaAngel sold 40 lots @ 0.675 -$800

2 Comments:

Anonymous Anonymous said...

Hi Buddy,

Looks like you are doing a good job staying out of the directionless market.

My portfolio return was hit in the last 3 weeks. One of my stocks had a profit warning and took out 10% of my returns. I cut loss quickly the next day.

This market rollar coaster took out another 10%.

So my YTD return is only 72% but I am completely out of the market now.

Looks like I will have to work a little harding to get to my 150% target this year.

Hope that all is well.

Happy Trading.
Millionairemind

7:56 pm  
Blogger Learn2win said...

Hello Buddy,

I am just lucky to escape the bloodshed.

Yah, I saw GMG collapsing and was worried about your position. It proved that my worry was unfound.

Although it may prove painful to have 20 % of your YTD return wipe out but i strongly believe that your target can still be reach. NO PROBLEM ONE. :))

I know of people that got wipe out completely in the downfall. sigh...

Anyway, whenever there is a crisis, opportunities come. Some of the shares are very attactive now. :)

Learn2win

7:04 pm  

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