Wednesday, December 19, 2007


Hahaha.... I didn't expect my prediction would be this close. Yesterday, I said the STI will be around 3360 points, and today, STI closed at 3357.34 points. Unfortunately I am not rewarded for close predictions :P

Wanted to scoop some STI put warrants, but I was too stingy and too indecisive that I missed a good opportunity to get it at $0.205. That warrant subsequently went up to 0.21. I gave up. I don't want to get myself some heart attack when I come back from my holidays. I know how volatile the warrants are. Better not touch it if I can't monitor its movement closely.

Another surprise is the rise of many of the Reits. MMP reit went up, Mapletree Logistics went up, Suntec Reit went up. They are adding quite a few cents to their prices. The short term GAMMA for these reits are moving up too. What is happening? While some other reits continue their happy down trend. Mmmh.... A big question mark.

What will happen next? I have no idea. The only thing in my mind now is to enjoy my year end holiday. Let's see what bad news will come that can bring STI down to 3000 points or even lower.

Going off for holidays tomorrow. Wish everybody Merry Christmas and a Happy New Year. See you guys next year!

1 comment:

  1. Gostei muito desse post e seu blog é muito interessante, vou passar por aqui sempre =) Depois dá uma passada lá no meu site, que é sobre o CresceNet, espero que goste. O endereço dele é . Um abraço.