Wednesday, March 28, 2012

Interesting day

Yesterday was interesting, I expected HGAME to hit it's low point whilst I was sleeping Monday night, so I set a limit order - I was right, but the nadir wasn't as low as I thought it would be, so it had already recovered quite a bit by the time I woke.  I expected it to come down again, but it kept going up and up - I had to hold my nerve as I couldn't understand why people were buying it at over H$400 - where was the profit?  Thankfully it started coming down again and I managed to finish with nearly a 1% profit on the day (thanks to the star bonds).  

I am going to be on holiday next week, so I will be shifting to some longer term investments and setting up limit orders to cash out the OMARS star bonds.

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