Monday, August 31, 2009

Market Reviews

I will still maintain the same strategies as mentioned in previous posts unless change of trend is quite clear

prop still look pretty ok with no serious damage, a few lower lows, rest of sectors look neutral

Shorts:
All 3 banks testing uptrend line
chinaaoil - i love to short this guy, but range it first
Commodities look weak - indo, i choose straits but the cutloss is too far
Sembmar still look gd as a short with 3.2 as cutloss

Longs
epure - waiting for tick up
hyflux - see how it how 2.80
singtel at 3.06 on valid tmr
genting - see how this guy hold 0.995
ho bee - see how 1.30

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