Thursday, 12 July 2007

No action in the indices but...

I do not expect much action in the indices today. We could see a rebound in line with Wall Street. These are volatile times for index players or futures players. Stock investors or traders should still be able to ride it out trading lower liners.

Today I will be adding VTI Vintage (7595) to our Malaysian portfolio. Looking to about 15,000 shares of Vintage at RM0.565 and stop loss at RM0.48.

For Singapore, adding 20,000 shares of Serial System at S$0.24 (the stock could retrace a bit more but nvm). Stop is at S$0.20. Also adding AusGroup to the lot.. add 4,000 shares at S$1.99. Stop at S$1.80.

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