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| Wednesday, August 29, 2007 |
| Those that recovered strongly are well supported |
Today loaded small positions of Boustead @ 2.39. Maybe its a bit more costly. But I feel this stock has strong resilience and to me, that's really important. Strong shares are well supported and prices wont be much affected. This view can be reinforced when the price refused to budge in the free fall during the day. And personally, I think most punters are flushed out when it fell to $1.80 range.
Anyway, for the rest of my holdings, I'm a bit tired to update. Haha. But basically, all are still within my cut loss range. Volatile times ahead and I can see volume drying up. In a bullish run, this is a good sign as it might be an indication that it will surge. But in this context, I wouldn't be surprised if we are going through the transition stage towards the bear run, though I personally feel its not likely.Labels: Boustead |
posted by Nenix @ 10:54 PM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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