EQUITYOPPORTUNITY

Wednesday, August 03, 2016

My cash levels rise to a new high watermark for 2016, over $22,000 higher than the low point(10 Jul) in the last two months.

Sold 60% of my FGV bought for 1.90 in June last year at prices ranging from 1.94 to 1.99 throughout the day, on the assumption that the round number 2.00 won't be cracked in the short-term given the stock's stellar rise in the last few weeks. Maybank's break of another round number - 8.00 - in the other direction, worries me and in my estimation, it's safer to be a BEAR until the middle of the month!

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