9th June 2005
Today was a continuation of my winning ways as I unloaded some shares which I had bought speculatively yesterday, and also some which I have been holding for some weeks(also speculatively!).
Most memorably, I sold 3 000 of the 5 000 shares of KFM which I had accumulated yesterday at the very last moment, probably just seconds before the market closed, when the price suddenly surged upward by 10c at in final couple of minutes. This inexplicable jump was probably due to some poor fart short-seller who had hoped to make some money betting on a downward movement of the share price after the price languished in the red for most of the day(causing me some concern as well I might add) and the speculative fervour died down and the price of some penny stocks turned south. So this unlucky fool had to buy back the shares he didn't own in the first place just to balance everything up. Unfortunately, he had to but them at a much higher price than he sold them at, so he(or they) probably lost big.
On that counter alone I made close to RM300 today.
I hit the gym at sometime after 2pm today and felt very happy generally, as I realised that I don't need a man to experience happiness. It is the satisfaction and contentment(partly due to having made the right calls in the stockmarket) that I hold on to in my heart.
Had lunch with two of my closest colleagues, and had the chance to learn of the dilemma of one, and the uncertainty facing the other.
I had to give them a treat at the Warren Country Club because of my recent hard-worn freedom from contractual obligations. It was worth every cent, of course, for friendship, no matter how mercenary, is valuable at the moment of purchase: it allows me to vent some of my frustration, as well as to train my 'little grey cells' in thinking about others' problems.
Still, I find it amusing that youngsters these days court supposed romance at their peril. Recently, I read the blog of one of these: the first thing mentioned in that day's entry was that he was 'officially attached', only to be followed by a plethora of obscenities against his former lover whom he felt had betrayed him. As though he didn't betray others himself!
It's true that what goes around does come around, and sometimes faster than one ever hopes will NOT happen.
Most memorably, I sold 3 000 of the 5 000 shares of KFM which I had accumulated yesterday at the very last moment, probably just seconds before the market closed, when the price suddenly surged upward by 10c at in final couple of minutes. This inexplicable jump was probably due to some poor fart short-seller who had hoped to make some money betting on a downward movement of the share price after the price languished in the red for most of the day(causing me some concern as well I might add) and the speculative fervour died down and the price of some penny stocks turned south. So this unlucky fool had to buy back the shares he didn't own in the first place just to balance everything up. Unfortunately, he had to but them at a much higher price than he sold them at, so he(or they) probably lost big.
On that counter alone I made close to RM300 today.
I hit the gym at sometime after 2pm today and felt very happy generally, as I realised that I don't need a man to experience happiness. It is the satisfaction and contentment(partly due to having made the right calls in the stockmarket) that I hold on to in my heart.
Had lunch with two of my closest colleagues, and had the chance to learn of the dilemma of one, and the uncertainty facing the other.
I had to give them a treat at the Warren Country Club because of my recent hard-worn freedom from contractual obligations. It was worth every cent, of course, for friendship, no matter how mercenary, is valuable at the moment of purchase: it allows me to vent some of my frustration, as well as to train my 'little grey cells' in thinking about others' problems.
Still, I find it amusing that youngsters these days court supposed romance at their peril. Recently, I read the blog of one of these: the first thing mentioned in that day's entry was that he was 'officially attached', only to be followed by a plethora of obscenities against his former lover whom he felt had betrayed him. As though he didn't betray others himself!
It's true that what goes around does come around, and sometimes faster than one ever hopes will NOT happen.
posted by DP at
2:54 AM
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