EOD Update (14 July 2006)

So-called speculative stocks took a dive today. Was forced to sell some counters to protect profits and cut losses. Still looking for bigger discounts on certain counters...

Latest purchases:

LIONFIB: +1,000 (2.70) ... Total 2,000

CAROTEC: +5,000 (1.03) ... Total 5,000 (Back in for 2nd round)

Latest disposals:

TIME: -5,000 (0.695) ... Balance 0 (Big profit became small profit)

CANONE: -3,000 (1.21), -3,000 (1.21) ... Balance 0 (Also big profit became small profit)

RHB: -4,000 (1.20) ... Balance 6,000 (What to say...small profit better than nothing)

OILCORP: -5,000 (1.31) ...Balance 10,000 (Small loss based on overall average cost, big loss based on latest purchase price)

Next week is not likely to be pretty either.

/ichithekiller