Tuesday, August 21, 2007

I took profit on Mon 21 Aug when SGX soared

Singapore share prices soared after the US Federal Reserve cut its discount rate to ease sub-prime credit fears. I grabbed the opportunity to sell some counters and take profit. I still keeping some penny stocks which had already gone under..... It's hard to tell what is going to happen next in this volatile market.

As of now (1250am SGT), the DOW, S&P and NASDAQ had all dipped below its openning mark. We could expect SGX to gap down at its opening if the dip in US markets continues throughout today.

1 Comments:

At August 23, 2007 at 11:04 PM , Anonymous Anonymous said...

Hello ROH. All the best

 

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