2 Times Lucky

I have been 2 times lucky on the stock market.

On 28th August 2007, I bought "iShares MSCI India ETF" shares at the price of US$6.65 per share. On 16 October 2007, I sold off all the shares at the price of US$9.05 (intra-day high) per share just before India's market took a downturn the very next trading day all the way down to US$8.15 on 22 October 2007. Today, after 14 days I sold off the shares, the closing price is now US$9.35 (down -3.6%). Even though the current price is higher than my sold price, it doesn't matter.

On 8th October 2007, I bought "China Hongxing Sports Limited" shares at the price of S$1.16 per share. On 29 October 2007, I sold off all the shares at the price of S$1.42 (close price) per share for profit taking. Today, just 1 day I sold off the shares, the closing price has dropped to S$1.32 (down -7%). This stock is going downturn.