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 Ascendas REIT 8-Apr-2009 1.34-1.35 1.430 1.340 - - Initial Downtrend Medium Active
2 City Development 8-Apr-2009 5.82-5.86 6.210 5.820 - - Initial Downtrend Medium Active
3 F&N 8-Apr-2009 2.540 2.680 2.540 - - Initial Downtrend Medium Active
4 Keppel Land 8-Apr-2009 1.64-1.67 1.790 1.640 - - Initial Downtrend Medium Active
5 Noble Group 8-Apr-2009 1.22-1.25 1.340 1.220 - - Initial Downtrend Medium Active
6 SGX 8-Apr-2009 5.83-5.88 6.200 5.830 - - Initial Downtrend Medium Active
 
Note: 6 new counters added for shorting.
 
Comments on Straits Times Index ( STI )
  
STI has moved into the Initial Downtrend Phase.
The US Dollar climbs back up and could be moving into the Accelerated Uptrend Phase, causing stocks to fall reflexively.
If the rise of the USD could continue further, stocks are likely to continue the fall as well.
Risk Level is Medium.



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


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