Monday, July 27, 2009

Mercator Maritime, Capitaland, Sembmar, Olam, Golden Agri

Cosco: Sold at 1.23 today with a small profit.
Reason for selling: Not sure of the technicals about this counter. It was bought based on hunches after much run by Keppel Corp. This counter run up another 5 cents immediately after I sold out. However, there is no regret since this decision is totally based on logic and trading rules. It was the reason of entry that was wrong.

Golden Agri: Almost sold off out of "fear" of not making money. However, cancelled the order after considering the trading rules. Close unchanged at 0.38. Papaer gain of 0.035 / 10.14%.

Mercator Maritime: Held on. Closed at 0.39. Great run up today. Paper Gain of 0.035 / 9.86%. Decided not to sell now. Taking more risk since technical indicator is not giving sell signal.

Capitaland: Closed down at 3.94. Paper gain: 0.15 / 3.96%. Technically soften. Could be profit taking. Wait for sell signal.

Sembmar: Still going strong at 3.06. Paper gain: 0.21 / 7.37%.

Olam: Bought today at 2.48. Based on the RMO buy signal. Even though the counter has already run up quite long, the overall trend is still bullish. So, it is worth to take a risk.

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I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。