Wednesday, February 3, 2010

04/02/2010 trades

Market looks like no strength to sustain. Blues chips like DBS, City, SGX, OCBC looks like breaking down. As such I have to make a painful but drastic decision to cut them. Oversold though. But oversold can become extremely oversold and stay there for very long.

CityDev 10.88x1000 cut 10.60 (cpf)
SAR 2.27x4000 cut 2.215
SCGlobal 1.80x5000 sell 1.82
Wingtai  1.86x5000 sell 1.80
SGX 8.21x1000 sell 7.81 (took 3 times dividend of 0.0375, 0.155, 0.0375 = 230)

CityDev

SGX

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