Paper Trade of SuntecReit

Simple breaking of support with heavy volume.

Shorting SuntecReit on market opening of Monday, 15th September 2008.
Filled at $1.31

Covering SuntecReit on market opening of Tuesday, 16th September 2008.
Filled at $1.24

Percentage profit with commission at 5%.

SuntecReit on 12th September 2008

Paper Trade of SembMar

First profit target at around $3.3 has been achieved to my surprise within such a short period of time due to the sudden plunge of the Dow Jones Industrial Average along with the Straits Times Index. Inverted hammer with a extremely unusual long wick formed that tested $3.3 as a resistance level. I will be covering the short if it breaches $3.3 again.
Saw 10% profit went up in smoke. Should have took profit knowing that the steep plunge was unsustainable.

Shorting SembMar on market opening of Thursday, 4th September 2008.
Filled at $3.51

Covering SembMar on market opening of Thursday, 8th September 2008
Filled at $3.49

Percentage profit with commission at 0.2%.


SembMar on 8th September 2008



SembMar on 5th September 2008


SembMar on 3rd September 2008