Oxley - 50 Lots Longed

Went long 50 lots of Oxley on Wednesday at 0.64 where the stock suffered some selling yesterday with the overall market yesterday. Looking at the chart, it looks strong on a uptrend but then because the STI had been slumping down many days even though the HSI and the Dow were moving higher, Oxley had to follow the general market for the sell down. In an unrealized loss of $750 now as the stock has hit a demand zone at the moment. Will see how it pans out later.



Ronald K - Market Psychologist - A Stock Market Opportunist