Monday trades

Yes....remember that the Dubai thingy would be the main theme for today's trading, so I didn't do much trading. In fact...when the HK stock open for biz at 10am, the market just went into a tail-spin of 200+ points and continue till 300+ by 11am, luckily since I have clear most of my positions on Friday...I went for a swim and sauna at 1130am.

By the time...I was back at 1.40pm, the HK market had recovered and added some 30+ points to the positive. So...when the market re-started after the lunch break, I started to monitor the market and lookout for good buys. Since it recovered so fast, I keep my distance....and true enough after 1 hr of the re-start, some stocks started to fall back into negative. So....scan the HK Index stocks for buys. Spotted a few stocks with a nice upwards trend lines.

So watch out out the list and finally I went in for a couple of cheapo stocks. Johnson Elect and Global Bio-chem at just before the close as the Dow futures is showing a nice
up day.....70+. Learned for past experience, if Dow can closed higher....then most other markets would follow the following day esp at the open. And since I decided to do day-trade....this method can work out well.

So....shall up-date on my finding for above tomorrow.