Stocks Recommendations eNewsletter

This issue's stocks picks:


Short Positions
S/N Stock Date Start Short Sell Stop Last Buy Date End Cycle Phase Risk Level Status
1 OCBC 8-Jan-2009 5.300 5.500 5.300 - - Consolidations High Active
2 Parkway Holdings 8-Jan-2009 1.340 1.450 1.340 - - Initial Downtrend High Active
3 Sembcorp Industries 8-Jan-2009 2.580 2.720 2.580 - - Initial Downtrend High Active
4 Sino-Environment 8-Jan-2009 0.680 0.725 0.680 - - Initial Downtrend High Active
5 UOB 8-Jan-2009 13.360 13.980 13.360 - - Initial Downtrend High Active
6 Wilmar 8-Jan-2009 3.110 3.360 3.110 - - Initial Downtrend High Active
 
Note: 6 new counters added for shorting.
 
Comments on Straits Times Index ( STI )
  
STI has moved into the Initial Downtrend / Consolidations Phase.
Risk Level is High.
Long Term Strategy
A review of the stocks prices for the past year shows that most of the stocks have fallen to very low price levels.
However, this does not mean that we can buy them for long term now, considering the depressed underlying conditions anticipated this year that might last for sometime.
I would expect the stocks to move nowhere or sideways in this year 2009.
In fact, this condition equally applies to and has had already affected our shorting strategy short term wise.
This is because prices are now at a level where there is really not that much potential left for it to drop further (for shorting).
The list of tradable counters is also getting much smaller and limited to only a handful now.
Risk has thus become much higher than before.
Therefore, unless the market picks up this year, a possible good strategy for this year would be really to do nothing (and a possible suspension of this eNewsletter).
We will monitor the situation further and will come to a conclusion soon.



Trade smart,
Jen Wei
Your Friend, Your Trading Adviser
adviser@tradingadviser.com
http://www.tradingadviser.com


--
To unsubscribe from this list visit this link

To update your preferences visit this link







------------------------------------------------------
CONFIDENTIAL:
This message is intended only for use of the addressee and may contain
information that is privileged and confidential. If you are not the
intended recipient, you are hereby notified that any use or dissemination
dissemination of this communication is strictly prohibited. If you have
received this communication in error, please notify us immediately by reply
and delete this message from your system.

------------------------------------------------------
DISCLAIMER:
tradingadviser.com is not a licensed investment or financial advisor. Information has been assembled without regard to any particular person's investment objectives, financial situation and particular needs because site visitors come from diverse backgrounds, with diverse objectives and financial situations. Information provided is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. Information should not be considered as an offer or enticement to buy, sell or trade.

This information is not designed to replace your Licensed Financial Consultant or your Stockbroker. You should seek appropriate advice from your broker, or licensed investment or financial advisor, or contact your stock broker, before taking any action. As we have discovered, direct investing in the Stock Market can result in financial loss. The decision to trade and the method of trading is for the reader alone to decide.

tradingadviser.com expressly disclaim all and any liability to any person, whether a purchaser of any items available from this or linked sites or not, in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents or information obtained. tradingadviser.com will not accept liability for any loss, damage or expense incurred or suffered by you if you rely on any information provided in making investment decisions.


powered by phplist v 2.10.5, © tincan ltd