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 Wing Tai 20-Apr-2009 0.875-0.89 0.950 0.875 - - Initial Downtrend High Active
 
Note: Only 1 counter added for Shorting in the new week.
 
Comments on Straits Times Index ( STI )
  
STI is in the Consolidations / Initial Downtrend Phase.
The market rally looks to be exhausted once again.
Although there is no telling whether the market will regained strength once more in this already over-extended rally,
we can only anticipate a possible upcoming downtrend of the market with many stocks going into XD as well as more corporate results coming out.
More counters will be added for shorting after they have XD-ed.
Risk Level is High



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


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