Stocks Recommendations eNewsletter

This issue's stocks picks:

Short Selling Positions
S/N	Stock	Date Start	*Short Sell	Stop	Last	Buy	Date End	Cycle Phase	Risk Level	Status
1	Genting	30-Jul-2009	0.840	0.880	0.840	-	-	Initial Downtrend	Medium	Active
2	Keppel Land	30-Jul-2009	2.690	2.760	2.690	-	-	Initial Downtrend	Medium	Active
3	Sembcorp Industries	30-Jul-2009	3.170	3.300	3.170	-	-	Initial Downtrend	Medium	Active
4	Semcorp Marine	30-Jul-2009	3.050	3.140	3.050	-	-	Initial Downtrend	Medium	Active
5	Straits Asia Resources	30-Jul-2009	1.910	2.000	1.910	-	-	Initial Downtrend	Medium	Active
6	Tiong Woon	30-Jul-2009	0.470	0.500	0.470	-	-	Initial Downtrend	Medium	Active
7	Wheelock Properties	30-Jul-2009	1.810	1.900	1.810	-	-	Initial Downtrend	Medium	Active
*Indicative Price only
Note: 7 new counters added for Shorting.
Do remember to Probe first (sell small lots to test) and only add more positions when prices are moving in your favour.
Comments on Straits Times Index ( STI )
STI is in the Consolidations / Initial Downtrend Phase.
In consideration of the General Conditions as well as other correlated markets like USD and the US markets,
there is a high chance that the much anticipated Correction has begun it's operations.
However, it is always prudent to test out whether this hypothesis is right by Probing first before taking your full line of positions intended.
Risk Level is Medium-High.