Fooled by Bullishness!!!

For those of you who have followed my stockpick of Landwind and Chinalifestyle.
I hope you have already cut loss and look for a better stock elsewhere like StarPharm.
KE in and KE out!
Or else you will be like me....;-(

I have cut Landwind @37.5 cents because I am not available to sell it at 39.5 cents when it breached the 40 cents level. Ooch! It's so painful but you just have to do it as a trader, cut your feet while you still have your leg!

For Chinalifestyle, I have bought mine at 23.5 and 24 cents and still holding on to them cause their results is actually quite good. I will be getting my dividend of 1 cents in 3 months' time while my overdraft credit charges me only 2.8 % for 6 months.
I am still bullish crazy waiting for it's 3rd wave. Where are all the valued fund managers, PE of 4-5 and dividend of 10%?
Well, my mentor, George Soros has said," An investment is a speculation went bad!"

I think it is good that the market has given me a strong signal that I should not be complacent.
I was holding on and thinking that it is just a slight pullback of wave 2 when the market gives me a strong signal to cut and hide.
It tells me that I should hold on to my day job for the time being and I shall be better to my boss while my mercedes has to wait for a while. Sigh.................

Last week IPO Luzhou seems like a good fundmental cum day trading bet, I have go in and take a very little bite. Managed to take home a few extra hundred bucks today. Similarly, Chinese Essence (Lousy name, but who cares, the real name should be China Potatoes Crusher, CPC or something more garang ) seems to me it a fundamental bet. My mouth waters when I look at the IPO placees, Dubai Investment Corp(DIC)!!! Say that again!!! DIC....

Let hope Dubai Investment Corp comes into Singapore Market and do something similar like P&O deal again. Using Singapore as a China Proxy to invest into China.
Invest into Temasek invested companies like China-Sun and pull a China-SKY. IT will be a Good deal!
Better still for a great deal, invest into ChinaLife and make it into a PE 30 company like P&O! And I can pay back my overdraft and bring home a mercedes at the same time! THIS will be what I call a great deal!

Trade (~Invest) well and be happy!!!

***This material, and the information contained therein, is provided for informational purposes only. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy in any jurisdiction. It does not constitute a recommendation or the provision of investment advice. The financial instruments discussed may not be suitable for all investors and investors must make their own investment decisions using their own investment advisors as they believe necessary and based upon their specific financial situations and investment objectives.