Sunday, December 5, 2010

I have instituted fresh positions

The much awaited correction either have not arrived, or will not arrive. Anyway, since stocks have refused to budge from their support levels, but instead reversing direction, I have decided to replenish my portfolio with the following stocks:

China Construction Bank
Genting
Wilmar
STX OSV

I also have Bank of America, which is now becoming a "long-term investment". My target is to hold on to these stocks till the next peak in March/ April or when my price target is reached. If the market falls further before then, I will continue to load more shares.

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