Wednesday, 22 August 2007

Time to shop

I believe that today could be a good day to get in. With Wall Street being flat, it looks like the Wave counts point to an a-b-c corrective wave. On my count, Wall Street is on its b-wave up before a major c-wave down. It is similar for the STI and KLCI.

What am I going to buy today? Hmm.. For Malaysia, I am going to add Timedotcom (5031) at RM0.98 and KUB (6874) at RM0.85 to the portfolio. Add 20,000 shares for each. Gonna a stop for Timedotcom at RM0.90 and RM0.80 for KUB.

For Singapore, I am going to add 5,000 shares of Hong Leong Asia at S$2.94 and 8,000 shares of Ho Bee Investments at S$1.82. Putting a stop at S$2.80 for HL Asia and S$1.75 for Ho Bee.

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