Initial capital $20,000
On 10 Jan 2008, I felt the market was undergoing correction, so I made my first purchase:
CapitaLand - $6,079.83
1,000 units at $6.05
Target sell: $6.70
CapitaCommercial - $2,177.85
1,000 units at $2.15
Target sell: $2.70
Note: Following my purchase, the world markets when into a downward crash due to fears of U.S. recession. Unfortunately, I failed to capitalise on that and SGX had recovered by yesterday.
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