First Hattrick in stock market

Hello there! Today marks my happiest moment in trading stocks. I had scored my first hattrick in the stock market! First it was DBS, then came Chartered and finally today I took profit on MMI! : ) Wait! I didn't sell MMI because i want to continue a winning streak. It will be real stupid and childish of me. Well, I had 4 penny shares on hand and I thought i needed one bluechip to balance things up. When market rally, bluechips will be the one leading the stock market rally. Furthermore, I sniffed some distribution at 0.650 level in MMI so decided to play safe and took profit. I'm not saying there will be no more upside, but according to my own risk appetite, I run first. Also, it's a long weekend coming up. I suspect most will prefer to stay out. This is what i am comfortable with. Hence now, i'm hunting for a bluechip to get vested in.

Today we had a down day. No worries! It's still pretty mixed. The volume traded does not suggest a complete meltdown happening. Just as I done my breakouts in the long direction, i did the same southwards. Hence I conclude we can still go anywhere. It's probably a profit taking session today. We are down to the last 5 trading sessions of 2005. Let's see if the "fun" managers will dress the index nice nice to cross over to 2006. hehe

I'm truly sorry but I won't reveal my holdings to the public because i do not wish to be accused of misleading the mass. I am but a trader who is still learning and willing to share what he saw and learnt online so that it will benefit all who visited. But rest assured i will post my losses and wins here so that all can learn my mistakes together. Go to my archives and you can witness how i shared my losses too. I hope you can understand.


MMI-Why I took profit


Ho Bee- When I first buy, they call it hay bee...now i call it my lobster! :D Because it stunned everyone by the strong upmove! But yesterday 1 director sold 100 lots. So I'm keeping a close watch.


GrowMoney QuickPick

Chemical Industries (F.E.) Ltd Ordinary Shar 0.7000
MMI Holdings Ltd Ordinary Share 0.6450
Eu Yan Sang International Ltd Ordinary Share 0.6150
New Toyo Int Hldgs Ltd Ordinary Share 0.4850
Singapore Exchangemblecw060406 Warrant 0.4600
Federal Int(2000) Ltd Ordinary Share 0.3600
Seksun Corporation Ltd Ordinary Share 0.3100
Apex-Pal International Ltd Ordinary Share 0.2400
Global Active Limited Ordinary Share 0.2300
TPA Strategic Holdings Ltd Ordinary Share 0.2300
TEE International Limited Ordinary Share 0.1500
Federal Int(2000) Ltd W071207 Warrant 0.1300
Southern Packaging Group Ltd Ordinary Share 0.1250
Matex International Limited Ordinary Share 0.1200
Transview Holdings Limited Ordinary Share 0.1200
Jadason Enterprises Ltd Ordinary Share 0.1150
GRP Ltd Ordinary Share 0.1050
Netelusion Limited Ordinary Share 0.0900
Ultro Technologies Limited Ordinary Share 0.0550
Ionics EMS Inc Ordinary Share 0.0400

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings