
This issue's stocks picks:
| Long Positions | ||||||||||
| S/N | Stock | Date Start | Buy | Stop | Last | Sell | Date End | Cycle Phase | Risk Level | Status |
| 1 | Ascendas REITS | 20-May-2009 | 1.400 | 1.330 | 1.350 | 1.330 | 22-May-2009 | Accelerated Downtrend | High | Close |
| 2 | Hyflux | 20-May-2009 | 1.820 | 1.860 | 1.900 | - | - | Accelerated Uptrend | High | Active |
| 3 | Keppel Corp | 20-May-2009 | 6.66-6.68 | 7.200 | 7.280 | - | - | Accelerated Uptrend | High | Active |
| 4 | NOL | 20-May-2009 | 1.40-1.43 | 1.320 | 1.310 | 1.320 | 21-May-2009 | Initial Uptrend | High | Close |
| 5 | NSL | 20-May-2009 | 1.21-1.22 | 1.210 | 1.230 | - | - | Initial Uptrend | High | Active |
| 6 | Olam | 20-May-2009 | 1.900 | 1.830 | 1.810 | 1.830 | 22-May-2009 | Consolidations | High | Close |
| 7 | Sembcorp Industries | 20-May-2009 | 2.95-2.98 | 2.880 | 2.910 | 2.880 | 22-May-2009 | Accelerated Downtrend | High | Close |
| 8 | ST Engineering | 20-May-2009 | 2.360 | 2.360 | 2.390 | - | - | Initial Uptrend | High | Active |
| Comments on Straits Times Index ( STI ) | ||||||||||
| (Previous Comments) | ||||||||||
| STI is in the Consolidations Phase. | ||||||||||
| A Resistance seems to have formed at the level of 2280 index points. | ||||||||||
| If the market is not able to break above this level this round, it could signify the end of this 3 and a half months' Bear Rally, | ||||||||||
| a rebound of around 33% from the bottom. | ||||||||||
| Risk Level is High. | ||||||||||