Monday, November 05, 2007

Tuesday - SGX

Power....the index started out shooting higher. In fact at one point in the morning it was up by 30+ points and then the Hong Kong market started...also up by 350+ points....then within 20 mins, dropped by 350 points. SHIT!!! And the market here also followed with a drop of 7 points instead of a plus 30 points.

To think of it....that is a wide range of movement. From the look of the market lately here and elsewhere, it is quite common movement. So there is money to be made if your call is "right". Hahaha I was thinking of some cherry-picking this morning but the start of trading threw me off balance. I expected the market to drop since the US's market dropped. I end-up buying the losing stocks....since they slow a negative or have not went up yet. EG China Fish, Bio-treat and Pac Andes. By 10.30am,
all show a drop hahaha...instead of cherry they turned into sour plum. Anyway by 11.30am they did recovered the price a little.

Really need a strong heart to play this market lately....fun if the call is correct and made some money...the same can happen if the call is proved wrong, lose some money.

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.