pre-open good or bad??, page-47

Hi Raks

I bought some ACL today and for value mid term, IMO, ALL, SGP & GPT appear to represent sound value. I have bought BSL of late and waiting for PDN, NCM etc etc. I am just re-positioning myself to so as to buy into some companies with distressed balance sheets to ride the recovery and eventually sell sometimes to then delve into spec sector. From that side, I still have heftly holdings in DRX and ELK and few others...even CDU. Holding PGL and a few other ones too...the list forever grows as I re-jig.

Got burnt on BNB, BMN and CMR and a few others in August/October when the third and IMO, final wave hit us all hard.

Been tough - lost now about 31% this year on face value (was much worse) but remain confident and had some good trades of late which have helped considerably.

All I need is the market to go up and I'll make a motza - even for a few weeks...I tend to get a little lost in any protracted bear market.