
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 | Capitaland | 12-May-2009 | 3.12-3.18 | 3.160 | 3.110 | - | - | Initial Downtrend | Medium | Active |
| 2 | City Development | 12-May-2009 | 7.80-7.90 | 7.750 | 7.750 | 7.750 | 15-Apr-2009 | Initial Downtrend | Medium | Close |
| 3 | Keppel Corp | 12-May-2009 | 6.85-6.88 | 6.550 | 6.320 | - | - | Accelerated Downtrend | Medium | Active |
| 4 | OCBC | 12-May-2009 | 6.85-6.95 | 6.800 | 6.880 | 6.800 | 15-Apr-2009 | Initial Downtrend | Medium | Close |
| 5 | Sembcorp Industries | 12-May-2009 | 3.090 | 2.980 | 2.850 | - | - | Accelerated Downtrend | Medium | Active |
| 6 | Sembcorp Marine | 12-May-2009 | 2.72-2.78 | 2.620 | 2.480 | - | - | Initial Downtrend | High | Active |
| 7 | SGX | 12-May-2009 | 7.55-7.63 | 7.300 | 7.010 | - | - | Initial Downtrend | Medium | Active |
| Comments on Straits Times Index ( STI ) | ||||||||||
| STI persist in the Initial Downtrend Phase but it is uncertain whether it will be able to enter the Accelerated Downtrend in the next few days. | ||||||||||
| A failure to do so within a period of around 2 days will result in the downtrend reversing. | ||||||||||
| Risk Level is Medium-High. | ||||||||||