Wednesday, June 24, 2009

Re-entered the market with Kepland

I have bought into Kepland at 2.13 come matching time at 5:05pm on Wed. The entry looks good as STI took out the high of Tue. Similarly for Kepland. My cut loss is 2.05. My 3:1 reward/risk is justified.

I know I said I am staying out. Sorry guys. But I see a good opportunity and so I took it. Market sentiment is markedly bullish for today. Kepland produced a nice bullish bar pointing up for a reversal. I am risking a further nibble of my SIA profits, but I know I will end up green this month.

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