My Startutor Profile

Do visit http://www.startutor.com.sg/1979 for my startutor profile : )

Day Ended 29 Apr 2008

Did not manage to nibble anything today, which is fortunate as the counters I was looking at dropped another 4% to 8.5%. This week is a short trading week with a public holiday on Thurdsay (1 May) and the Feds will convene their meeting tonight. The market might drift down a little more tomorrow. Should pick up some then. Mkt ended with:

Ausgroup 0.735
Synear 0.595
CoscoCorp 3.08
China HX 0.650
FerroChina 1.38

Counters to Monitor Today

Synear 10
FerroChina 5
Cosco 5
Ausgroup 10

Stock Mkt on a Downtrend Today

Seems like the local Singapore bourse is on a downtrend today, time to stand on the sideline, poised to nibble some stocks : )

Observing China HX, Cosco, Sino TF
Queued for Ferro, Synear
Some problems with Ausgroup, announcing 3QFY08 loss.
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81 days left & counting : )

83 Days More to End of My Bond : )

Hehehe, only 83 more days to the end of my bond, finally the number is down to 2 numbers, from the original 4 numbers. Feels good : )

I'm back and I'm turning this blog into a trade record

Back to blogging after a couple mths break. Going to turn this blog into my personal record for recording some of my thoughts on trades done on the stock market.

Closed my position for the week, took profits for the S-shares bought over the last 1 month. Now to wait patiently for the next correction. Sentiment on the global economy seems to be improving but there are is still bad news popping up once in a while.

Bought 5 lots ComfortDelgro @ 1.77
Expecting dividend of about $130.

My target for 2008 will be:
Target: 15% realized profits, based on initial capital calculated at Jan 2008.
Stretch Tgt: 20% realized profits.

Currently about 4%.