Thursday, May 1, 2008

Labor Day

International Labor Day today....... bought nothing since the last purchase. Sold nothing as well.
Rate cut as expected by the FED. Market bottoming yet... we shall see.

PRC Olympics around the corner. There might be a bargin window sometime after the Olympics.
Looking at the sentiments... market still is sensitive to global news and not decoupled at all.
With the Pakatan Rakyat as a shadowry figure in the gov., i doubt we ever be independent.

LionDiv doing quite well. Potential is there.... most likely it will not go down to the RM1.20 level anymore. Will probably pick up a lot or 2 if there is extra fund.

Huaan is a see-saw. Most likely it will hit the RM1 bracket given it a few more month. This is definately not a trading play counter as advice by Ah Sam Kor.

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