Investments and trades

the building of my portfolio is now almost completed except for a few more real estate investment trusts, am currently looking at Parkway REIT and Mapletree Log REIT at the moment. am taking a rather cautious approach now and have added position to my existing holdin in Thai Beverage and Singpost as they are both defensive in nature. Still value-cost-averaging my index fund as well. Singapore long term bond and T-bills are paying really low interest about 3% and 1.35% respectively, hello, inflation leh.. REITs tends to fall when inflation hits as the risk free return are now expected to be higher so to reach market equilibrium (market forces) they have to fall in price else no one will buy them. (Ex. If it pays 6% dividend yield with inflation at 1%, thats alright, but if it pays 6% yield and inflation is 5%, thats not right, prices will be driven down to take into consideration the increase in risk free rate)

oh well, 3 weeks ago, my hand was rather itchy.. so i went to trade the US market with my 'speculative' money... (i dun believe in trading actually after my initial experience with it, it only makes the brokerage firms richer through the commission, read the book titled "Where is the customer's yacth" and u will understand what i mean)... the money was placed in an account called option express , away from my investment account (POEMS) so that i wont do silly things to my long term investments.

anyway here is the trade.. it kinda suck actually .. bought it as the RSI is low and thought that it will break out of the channel.


the picture is rather small, maybe it will be bigger if you click on it, well, i shorted the US market S&P 500 (meaning i want the market to plunge) by buying an Shorting Exchange Traded Fund (ETF). i entered at 64.8 USD with an exchange rate of 1.41. It plunge to 60 plus due to the recovery over the week. no need to cut lost still though, last firday it shot back to 63.4 after the DOW fell 200 over points. market crash ba pls.. then i can value-cost better, buy discounted shares as well as profit from this trade.