Saturday, January 16, 2010

Sold Bukit Sembawang

Bought 1 lot at $5.12 on 7th Jan 2010, trying to average up.

After that, it fell for several days on high vol.

Most other stocks are retracing healthily on light volume. This is the only one I've seen with heavy distribution. Especially so amongst property stocks. Even thouh it looks oversold, the chart is too unhealthy to hold.

I sold 3 lots on 14th Jan @$4.96, made a small loss of abt $200.

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