Thursday, September 18, 2008

Sold IOICORP at RM3.88 for a quick contra gain

Sold my IOICORP at RM3.88 which i bought this morning at RM3.78 for a quick intra-day gain...

4 comments:

Phil said...

Good one :), got to buy me lunch. Congrats.

horse said...

liquidate too early, otherwise would have earned more...aiya...

Anonymous said...

Horse. We are sailing in an uncharted sea this time. I agreed with you we have to do hit-and-run business. Long term invest is out of question. At least for now. 10 years ago during the asian financial crisis we were locked in for 10 solid years before we moved again two years back. This time we are sailing into a huge financial firestorm which not only involved the Asian nations BUT the Largest Financial Nations of the West! We have no idea the magnitude of this firestorm so to speak and if big banks like Lehman Brothers with 158 years of banking history under their belts that survived even the punishing Great Depressions of the thirties and yet collapsed like a pack of cards this time. Where are we now along the line of financial markets history. I bet we have just entered the “dragon” and the journey is going to be a long and definitely not an easy one. Buckle up my friends, the show has just begun.

horse said...

yeah, agreed with that, this is just the begining of the turbulent. Thing might get worst in later stage, judging the current situation on local front & the west. Most important is the experience that telling us, we are indeed in the cycle of crisis now. I believe many of you r experienced trader & have gone through the up & down of the market. This is no diffirent from the past. Judge yourself and be cautious, seize the day if u have the chance but of course only with the quality one not any potatoes chips. in case you get caught, lock it for long....

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