Holdings @ 08/08/2007

Looks like when everything seems to be lost, opportunities appeared.

Got into 2 long positions and hope the Dow behaves itself while we celebrate our national day!

This is also the first week I ended up with losses. -$400

With the crashes, I am glad that I stick to my rules to avoid the big losses.

Opened Positions

Pengiun 50 lots @ 0.26
Ultro 50 lots @ 0.115

Closed Positions + P&L

ChinaAngel sold 40 lots @ 0.675 -$800
Lian Beng cover Shorted 40 lots @ 0.44 +$2400
Lian Beng sold 40 lots @ 0.425 -$1400
Penguin 40 lots @ 0.245 -$600