
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 | 23-Jul-2009 | 3.76-3.82 | 3.870 | 3.890 | 3.870 | 23-Jul-2009 | Accelerated Uptrend | High | Close |
| 2 | City Development | 23-Jul-2009 | 9.60-9.64 | 9.900 | 9.880 | - | - | Consolidations | High | Active |
| 3 | Ezra | 23-Jul-2009 | 1.30-1.32 | 1.350 | 1.330 | - | - | Consolidations | High | Active |
| 4 | NOL | 23-Jul-2009 | 1.60-1.63 | 1.650 | 1.650 | 1.650 | 23-Jul-2009 | Accelerated Uptrend | High | Close |
| 5 | Wheelock Properties | 23-Jul-2009 | 1.73-1.75 | 1.770 | 1.760 | - | - | Consolidations | High | Active |
| Note: 2 counters have been Stopped out. | ||||||||||
| If you have not been able to enter the Short positions today, you might want to put the plan on hold as the conditions for shorting has changed. | ||||||||||
| Comments on Straits Times Index ( STI ) | ||||||||||
| STI is in the Consolidations / Accelerated Uptrend Phase. | ||||||||||
| The market moved up with renewed strength today. | ||||||||||
| Coincidentally or perhaps reflexively, US Dollar falls further during market session today, which serves to confirm the negative correlation with | ||||||||||
| the stock markets. | ||||||||||
| This additional complication makes the shorting of stocks rather high risk Short to Medium Term. | ||||||||||
| Risk Level is High. | ||||||||||