Thursday, May 8, 2008

Dow Jones Index Weekly indicates Overbought in Stochastics and Bollinger Band Turning


Dow Jones Index Daily indicates weakness in Professional Purchases and Money Flow

Weekness in this week and possibly next few weeks.
Conclusion : Reduce stake, Buy only on extreme weakness


Portfolio as of 1st May 2008
Stock : Keppel Corp
Purchase Date : May 6, 2008, Entry Price : 10.600
Sell Date : May 8, 2008, Selling Price : 10.780
Stock : Venture Mfg - 10.720
Purchase Date : May 8, 2008, Entry Price : 10.720
Stock to Watch
City Dev - 11.440
Allco Reit - 0.810

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