Was busy last week, thus didn't post the update. Anyway, the only difference is that I have cut on both Yongnam and Chipengseng. Both have hit my cutloss trigger. It's significant losses due to stretched time horizon. I have bought Gld 10US$ at 71.6. This completes my long term segment of my portfolio. This segment comprises of MMP Reit, STI ETF and Gold. MMP is still available for technical short though (sell now, buy again later) in crucial times. This week, we see "good" news with FED cutting the rates. However, I feel it is a short term measure and this will only make matters worse in times to come. However, as a trend follower, its still the same. "Ride the trend". Just be careful when you trade though. |
