Wednesday, April 11, 2007

ah crap

Profit warning on Chartered. Credit Suisse issues a downgrade on Chartered. Came out just then. Bugger it. Sold it at $1.44. Lost a cent. Still took a wack cos I bought heavily into it.

Had to be safe than sorry. Still has possibility for a rebound, but I'm not into magic tricks at the moment.

Should have stuck with Ausgroup and FerroChina. Never lose a single cent on them. Got out of both of them to buy Chartered.

Sometimes it doesn't pay to be clever.

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