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Ichi the Killer

Bursa Malaysia stock trading portfolio of nobody really important.

Wednesday, November 30, 2005

Decisions, decisions

(Nov 30 2005, 8.20 pm)

Hmmm...JOHPORT suddenly shot up to 2.30 today (cost 2.19, 2.24, 2.25), with minimal vol done at 2.35. Couldn't find any news to explain the sudden rise against overall Bursa trend. Closed 2.28 / 2.29. Wanted to accumulate more at 2.25 but a bit too late now ... see what happens tomorrow.

UMW only hit high of 6.00 today (cost 5.75) despite sterling results and settled back down to 5.90 / 5.95 level... damn market conditions.

FARMBES hit 1.58 (cost 1.52) yesterday bfr suddenly coming back down and closing at 1.53. Today down again to close at 1.49 (same as Nov 25 close). Will have to see if it rebounds tomorrow or falls thru 1.49 ...

Have small "testing bets" in too many counters now. In a market like this, it will kill me if a big break comes ... need to cut down number of counters and focus on stronger ones. But should I get out of profitable positions for small profits and wait for better general market conditions? Hmmm ... decisions, decisions ...

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