Thursday, July 14, 2016

My Missing Week - In Memento Style

Sorry folks, I have been missing in action (blogging) for exactly one whole week. I am back now and hope that I don't need to wait for another 7 days for the next post ;-)

I like to treat this as a recap on what I have intended to blog for the past one week but didn't got the time to until now. 

To make it slightly more interesting and different from my usual style, I am writing this post in a "Memento" Style. If you are a movie buff like me, I am sure you've watched the movie, Memento (2001), directed by Christopher Nolan (yes, the one that brought us the blockbusters like The Dark Knight Trilogy, Inception etc...subsequently). It is a very intriguing crime story told in reverse order i.e. start with the end and end with the beginning. 

If you have not watched it, it is highly recommended! 

Anyway, back to the original purpose of this post, here is My Missing Week (in Memento Style) :

TODAY...
What a disaster for SGX, if you've not already known, SGX trading platform was down for the whole of today since 11.38 AM. Whether it will be up for trading tomorrow is still questionable but I believed this is the longest halt (due to technical glitch) in the history. Besides, I am pretty sure that some head(s) got to rolls too...

TWO TO THREE DAYS AGO...
As per my earlier post regarding my manual DCA (Dollar Cost Averaging) counter, Singtel, I am supposed to lock in another 200 to 300 shares during this period. However, it didn't happens as the price keep moving upwards and almost hit the 52-weeks high at one stage. I do aware that such "flexibility" should not be applied if I were to follow DCA strictly but I am just trying out the variation of it and see how it goes. 

As the price of Singtel is still at the higher end now, I am contemplating to source for another alternative counter for me to rotate my DCA fund allocation. With multiple counter(s), I believed I can allocate the DCA funds more appropriately. Searching in progress....

FOUR TO FIVE DAYS AGO....
There is no luck this time round! 

I failed at my second IPO attempt (Advancer Global) and missed the chance to be part of the successful IPO (up almost 100% on the first day of trading). Well, try harder next time.

ONE WEEK AGO...
SGX is having a stable and peaceful trading session, mostly greens...What a beautiful day... that was sorely missed TODAY...!

Cheers!

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