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.