Monday, October 20, 2008

Bought Cambridge and A-REIT

Bought 11 lots Cambridge @ 27c.

Bought 3 lots Ascendas REIT, 2 lots @ 1.59, 1 @ 1.58.

Long term. No cut loss. This is a gamble that the Banking Crisis will resolve - monitor the TED spread and SIBOR/SOR to confirm this.

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