Was packed during the weekends, hence only got the time to update my trades now.
Trade for the day:
No trade done as all stocks didn't hit my target prices.
Generally a 'bad' day for me since that stocks that I was queuing for shot up before I could get them. A good 4-6% increased within a day. =.="
Those stocks that moved..
- Dapai - from 24cents to 25cents within the day but close back to 24cents. Quite a high vol transacted at 25cents. Hence, should be able to sell it if have hold the stocks till then.
- China Gaoxian - from as low as 18cents to highest of 19.5cents. Close at 19cents
- China Environment - from 25cents to as high as 26.5cents. Close at 26cents
Even though its painful to see them shot up, but I still prefer to play on the safe side. Will only buy on dip. Don't like to chase after stocks. Hopefully will still have chance to load them at a low price.
Trade for tml (monday 11/10/2010):
Queue to buy:
Dapai: 23.5cents/23cents.
Dapai indeed went up to 25cents as I have expected previously on Friday but dropped back at 24cents again when market closed. Will wait patiently for the price to drop again before entering.
China Env: 23.5/24cents
Another stocks that went up on Friday. It went up to as high as 26.5cents before ending at 26cents. Will still queue at the current price. Would consider it a steal if the price do come down to that level again. The movement for the stocks recently is quite volatile and hence, it quite good for trading. Have a good 1-2cents difference within a day.
China Gaoxian: 17.5cents
To be on the safe side, I will still queue at 17.5cents. Although it is highly not possible.
No queue to sell since only left with Action Asia. Can hold longer.
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Random View for Monday:
STI dropped towards the end of the trading time on Friday was actually expecting DOW and Euro market to close red that night. Instead, Dow was up 50+ points at the end of the trading. Hence I am expecting STI index to up in the morning and maybe some profit taking in the afternoon.The whole day should be within the + - 15 range?
US market is closed due to Columbus day. Hence STI will most probably take cues from Shanghai Index.
Okie.. thats all for me for the night.
Wish me luck. Huat ah!
-RiskyAl
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