EOD Update (11 Sept 2006)

Market looking pretty anaemic still ... seems like interest fast dissipating amongst almost everyone I talk to. Can't do much about it... pretty ok rebound for GPACKET and MTOUCHE off day's lows. Good show from RHB today, continuing its upward move and closing just 1c off its day high of 1.22. MPTECH announced a shocker for me, with a police report being made about suspected fraud. Guess the writing was on the wall all along, good reminder not to hold on to losers hoping for a rebound when no catalyst is expected to be forthcoming.

Latest disposals:

ASIATIC: -1,000 (3.52), -500 (3.54) ... Balance 2,000 (rode the roller-coaster again on later lots purchased).

MAHSING: -1,000 (2.78) ... Balance 2,000 (nice rebound, don't know how far it'll go).


/ichithekiller