Monday, 17 September 2007

Today's Virtual Fund Transactions:

Disposed of all Put Warrants:
STI3500BNPePW070927: 500,000 @$0.13 Profit = $17,500
HSI21800BNPePW070927: 1,000,000 @$0.045 Profit = $5,000
DBS DBePW071001: 500,000 @$0.045, No Gain No Loss

Total Realised Profit to-date= $45,929 =9.18%
Sum invested = $0
Latest Cash Holding = $545,929

The decision to dispose of the entire equity porfolio proved timely. The STI was down by 60 points and therefore the put warrant made the most.

Tomorrow, market should be firmer ahead of the FOMC meeting. I have decided to clear all my position as the market could swing one way or another depending what Uncle Ben has to say.

Stay tuned for my next move.

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