
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 | 5.290 | 5.300 | 5.150 | - | - | Initial Downtrend | Medium | Active |
| 2 | Parkway Holdings | 8-Jan-2009 | 1.360 | 1.430 | 1.380 | - | - | Initial Downtrend | High | Active |
| 3 | Sembcorp Industries | 8-Jan-2009 | 2.540 | 2.350 | 2.220 | - | - | Initial Downtrend | Medium | Active |
| 4 | Sino-Environment | 8-Jan-2009 | 0.670 | 0.640 | 0.620 | - | - | Initial Downtrend | Medium | Active |
| 5 | UOB | 8-Jan-2009 | 13.350 | 12.700 | 12.560 | - | - | Initial Downtrend | Medium | Active |
| 6 | Wilmar | 8-Jan-2009 | 3.020 | 3.050 | 2.990 | - | - | Initial Downtrend | High | Active |
| Comments on Straits Times Index ( STI ) | ||||||||||
| STI is in the Initial Downtrend Phase. | ||||||||||
| STI is on the Medum Term Upwards Trendline and a further fall from this level could mean that much further downside. | ||||||||||
| Risk Level is Medium-High. | ||||||||||