^V^ My Strategy n rubbish portfolio as at 20 April 07 ^V^

Transactions done 4 d week ended 20/4/07

1) 6.5 of lots Masteel sold at 1.58 Profit RM 3,958.50

2) 10 lots of Liondind sold at 1.71 Profit RM 1,320.00

3) 10 lots of mulphawa sold at 0.705 Profit RM 250.00

4) 25 lots of Wctland sold at avg 1.52 Profit RM 9,030.00

5) 20 lots of YTLpwrwa sold at 0.905 Loss RM 1,230.00

6) Bought 5 lots of Ornasteel at 1.40

Cash vs shares is now stood at ratio 1.4 : 1

Will definitely buy in more steel stocks on pull back if there any, I will buy in stages provided price offer r bargain enough ^V^

It is not wise to hold stocks for long term after KLCI >1,300, we should buy blue chips or solid FA stocks n hold for long term @ KLCI800+- not after 1,300, it is totally different ball game ^V^ coz most of d blue chips n FA stocks r no longer "cheap "! most of them r at all time high n percentage of return r quite limited, for example Genting n ioicorp, dont tell me u expect another 50% rise from them again ! do u ?

U should focus on underperformed Low PE 2nd liners such as masteel, pworth n crestbldwa, these r stocks that still underperformed as compared to overall mkt rise, we should hit n run if we can make 30 to 40 % gain from it ,from history, we can see that bull run normally last about 18 months+- from bottom to peak, d present bull run started on Oct 06, thus it should reach its peak by 1st Q of 08. ( election factor discounted )

Bear in mind, though i said hit n run,it doesnt mean contra can be done ! holding power is still needed ^V^

Due to constrain of our mkt , we cant find world class company like coca cola, wallmart n AIA for us to hold for life, thus hit n run is d ideal strategy esp we are at almost historical high ^V^

If u understand chinese, my key success as below :

冥冥中早注定你是富或贫

是错永不对 真永是真

任你怎说安守我FA

始终相信FA是金

(FA=Fundamental)