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22 July 2007

 
To view live trading records, pls go to
http://forum.channelnewsasia.com/viewtopic.php?t=27825&postdays=0&postorder=asc&start=0&sid=15ce04089e79cb3592929e11e6c90367

Live Trading Records for 20 Jul 07, Fri
counters left from selloffs on 18 Jul 07 and 19 Jul 07,
Ouhua bot .705 on average, historical eps S$0.049, historical PE 14.1 when price = .69, note rolling eps S$0.18 is not true, 2 local brokers cheated me
FerroChina bot 2.58 tg 3.24

today's trades,
Noble bot 1.86 tg 2.17 cup and handle formation
Cosco bot 5.10 tg 5.80 breakout of bull flag
StarCrus bot .48 tg .565 breakout of a bull flag

Reflection
I made another major mistake like that on 11 May 07 - panic selloff which was not based on objective chart / technicals but on fear.
the loss is huge - S$80K! paper profit acummulated since resignation on 20 Jun 07.
I have to remember never sell never buy without looking at the chart in the future - whatever happens.

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