6 November 2006.. Continue hold PRSEC fund
Seoul market drop 0.34%. Taiwan drop 0.57% due to after President Chen Shui-bian's wife was indicted for corruption and protesters called for his resignation. Hang Seng and china market shoot up and is still on uptrend. Singapore market flat.
Overall Asia market still up slightly today although morning session have selling pressure due to U.S. unemployment curbed speculation the Federal Reserve will cut interest rates. But afternoon session seems fund manager continue to buy the share to catch up year end rally.
So we still hold our position on PRSEC fund. Both ST1 and ST2 signal still not show sell signal.
Date : 6 Nov 2006
Action : Hold PRSEC
PRSEC Unit Price : RM0.2483
PRSEC Unit : 407331.97
Portfolio Amount : RM101,140