today's mkt is crazy!! cut loss last week and a week ago, and these cut loss stock all rose a lot today which far exceed my purchase price, esp. Lenovo (bot at $2.07 and sold at $1.89, today rose 26.59%!!!) and Dong Feng (bot at $1.84, sold at $1.79, today rose 19.9%!!!) It was my hubby who asked me to cut loss :( I swear I will not cut loss now.
Did not buy any today because went out to tea. will go to Macau tmr and Fri, so will not buy or sell la.
at this point, be careful when buying stock, don't high chase.
Today is the closing date of China Econ Conf, mkt expects more good news from the gov't. there is limited upside from here. people is buying at future price. a lot of china stock has bounced too quick, like 中海集運. if u buy stock now, remember to set a cut loss point as stock price can rise or drop 10% or more per day.
if u don't want to take too much risk, u can buy 2823 or 2800 (recommended by a BK member). lower risk, but lower return.