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Short Positions
S/N	Stock	Date Start	Short Sell	Stop	Last	Buy	Date End	Cycle Phase	Risk Level	Status
1	Capitacommercial	23-Feb-2009	0.735 - 0.74	0.775	0.735	-	-	Accelerated Downtrend	Medium	Active
2	Capitaland	23-Feb-2009	2.040	2.150	2.040	-	-	Initial Downtrend	Medium	Active
3	OCBC	23-Feb-2009	4.68 - 4.72	4.850	4.680	-	-	Accelerated Downtrend	Medium	Active
4	Parkway	23-Feb-2009	1.14 - 1.17	1.210	1.150	-	-	Initial Downtrend	Medium	Active
5	Sembcorp Industries	23-Feb-2009	2.000	2.100	2.000	-	-	Accelerated Downtrend	Medium	Active
6	Sembcorp Marine	23-Feb-2009	1.420	1.490	1.420	-	-	Accelerated Downtrend	High	Active
7	SPH	23-Feb-2009	2.64 - 2.68	2.720	2.640	-	-	Initial Downtrend	High	Active

Note: 7 counters added for shorting.

Comments on Straits Times Index ( STI )

STI is in the Accelerated Downtrend Phase.
It seems at this point after breaking the 1600 support level, that the market might just continue to slowly drift lower.
Risk Level is Medium-High.

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