Patience needed.

According to the plans laid last time which was valid only for the following day, #0083 was bought, but not #2899. A 2000 pts move in HSI is underway. However, there is no signal as to whether it will go up or down. So the conservative approach is not to buy or sell until the signal comes about, which I believe, would come in less than a week. On the signal the portfolio will either buy stocks with ALL its cash available or sell ALL stocks at auciton market prices. So all that now required is patience.

Date	Stock code	Purchase P	Volume	Market Price	Value	Return in %
2008/2/5	0127	11.02	20000	11.44	228800	4%
2008/2/5	2828	140	1000	133.7	133700	-5%
2008/2/5	0012	63	3000	59.95	179850	-5%
2008/2/22	0083	20	6000	20.6	123600	3%

Some special transactions on my beloved stock were observed. It seemed that somebody had placed a program buy order which was activated about every 5 minutes. It resulted in a series of active buy orders throughout the day. Recently its prices went up against the market's decline. More than that, more-than-usual limit buy orders can be seen every day recently. It appears that it's going to surge......hopefully.

Better than market so far.

Today HSI close was about 5% pts lower than that on the 5th Feb. The portfolio is performing quite well up till now.

Although the real property is not doing well recently, it's tempting to buy 6000 shares of 0083 @ $20 tomorrow. Also the record high in gold prices tempted me to buy 10000 shares of 2899 @ $9.8.

Date	Stock code	Purchase P	Volume	Market Price	Value	Return in %
2008/2/5	0127	11.02	20000	11.64	232800	6%
2008/2/5	2828	140	1000	135.8	135800	-3%
2008/2/5	0012	63	3000	60.5	181500	-4%

What a pity.

There was little time to update my portfolio which resulted in no transactions. Even though I still kept an eye on the markets, it sounds inconvincible to report what I bought or what I didn't buy if the decisions were not made the previous night. Otherwise more of 2828 had been bought at $128 or lower.

Backfire

The global markets declines were taken as a backfire instead of anything else. The purchase price for 2828 was set too low that the portfolio couldn't hold it over the holiday.

Date	Stock code	Price	Volume	Market Price	Value	Return in %
2008/2/5	0127	11.02	20000	11.28	225600	2%
2008/2/5	2828	140	1000	130.5	130500	-7%
2008/2/5	0012	63	3000	60.95	182850	-3%

A golden chance to buy.

My portfolio should look like that as above. Lucky enough I could buy 3 of the 4 stocks at the targeted prices (excluding transaction fees). Tomorrow provides the last chance to buy and hold the stocks over the holidays in order to reap the fruit on 11/2. It's expected that money from the mainland market would flow into HK's before the mainland stock market resumes. But taking into account the wild price fluctuations the market demonstrated recently, I'd choose to buy 3400 more shares of 2828 @$128 tomorrow, then my portfoilo will get fully loaded.