Yongnam 004
Liquidated all my punting YN assets except those on which i can afford to pay. Did it because i wanted to go on my holiday without thinking all the time about T+3 and frantically finding an internet connection to trade.
Well, there was little market movement when i was away but china had a huge blow due to the extra fees set by the government. All other markets sailed pretty smoothly.
Construction sector surged today so i did not have a buying opportunity. Wanted to offload some to get equally sound stocks like Frontline or Contel. These 2 have quite a bit of upside. Trying to look for others just in case all these counters surge pass my buy-in prices.
Construction stocks surged today on speculation and a small news on CSC’s CEO’s speech. I should have offloaded when the prices were within the higher trading range. Keep thinking that others have gotten the wind of some big news so i held on. Sell on news and trade and buy when there is none. I’ll keep that as my strategy for now.
