September 11, 2009

HKSE- China Cosco 11Sept2009

Hi all,
I sold my China cosco yesterday after i saw the momentum is weakening and it hit it resistance for last 2 days and today but cannot break through.

To reduce my risk and keep my profit, i decided to walk away with the profit and keep monitor of it.
Other reason is becuase the oil price goes up.....may affect their revenue performance

Sorry to say am a kia su guy...

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