Patrick Stock Reading

Wednesday, May 31, 2006

Correction

Share my view with a forumer yesterday on Advance Holding and told him in genreal to stay out and to review it after a day or two.

Well, went on site visit and unable to monitor the market. Upon return to the office in the evening, checked the counter and was ā€œ????ā€. Guessing that it will go down or at least move side way instead it went up by 2cts compare with the day before.

Continue to check star hub price, SHOCKED, up 0.29 cts from it low. How this could be happening, I’m waiting at the bottom and it went up so high. Feel like "xyz" the guy, but come to my senses. It could be a typo error or clicking on the wrong counter. I did it once and pay the price. If this is the case, the price is rather high man.

I fired all my available bullet into the market last week and cash out part of my holding now waiting again.

Generally, guess that the market is still finding it footing to stabilize, for those without holding power it is best to watch then fighting in the battle field and "got killed". The rest of the week can relax and review the counters you are interest in and till next week "STANDBY FOR ACTION."

Happy trading :D

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