Friday, August 5, 2011

Sold Armada today, 5th August 2011

The DJ suffers a whopping 512points last night.  This causes a panic selling across Asia region, including KLSE.  Major players including Hang Seng and Nikkei suffers between 3% to 4% plunge in the first half of trading session.  On the other hand, KLSE performed better in comparison with other regional markets.

Every plunge is an opportunity, in my opinion.  Trying to take advantage of the discounted price, I have to decided to sell off half of my Armada holding at 4.00.  The afternoon session is about to start.  Let's see if I managed to catch any good stock at a bargain price.

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