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Monday, 03/03/2008 6:19:38 AM

Monday, March 03, 2008 6:19:38 AM

Post# of 47147
Sea of Red Ink.

3% got sliced off the Aussie market today and not many sectors were spared.
This meant I had some activity in my preset orders.
I had my first sell in Gold Bullion Securities (GOLD.AX), I'd purchased these back in July when the A$ was strong & the gold price had been hammered. It's nice looking back to see where you've come from at the time of a sale.

This sale was almost immediately pumped into a buy of Queensland bank Suncorp-Metway (SUN.AX), this is my second top up this year, the first was at $14.85 & these were picked up at $13.24. The P/E ratio is getting down to a comfortable 10 & that is going off recently released half yearly reports.
I've got a few other buys pending so if you guys go on a selling spree tonight (AIMers will be on a buying spree of course) then I may add a bit more inventory.

Regards

Neil

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