TA:
200MA is at 3290 Market now at waves A (down) B (up), wave C outstanding (down) expect STI to move towards 200MA to 3300 before bouncing off and resume uptrend most likeliy STI will rest at 3350 before bouncing off (50% fib retrace of recent rise note that bottom formed at 3135 accompanied by reverse head and shoulders formation small chance of bigger head and shoulders (bull to bear reversal) but chance is there
FA
Long term BULL till June 2008 watch post olympics behavior, see how the chinese deal with all the extra stadiums and construction projects, watch Singapore growth in relation to China, watch which contractors are helping to build flood barriers in Singapore, watch out more for LBO activities in Asia Get construction/property, oil and gas, shipping, China consumables What exchange rates and i/r in short to medium term high ROE, low PE Ezra, federal, ausgroup, hongxing, CES, swissco, heeton, Contel, ChinaPDye
Buy Malaysia stocks supporting Iskandar Development Region Buy China banks after correction
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