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Monday, December 31, 2007

STI Sets a Bullish Tone

STI opened down -20 and rallied back up into the +ve region showing some form of bullishness, but due to half day today and many players not in the market, opportunities are limited. Likely to have selective rallies in stocks. Bulls taking control.

HSI opened in the +ve region but bulls yet to take control. Do not expect much movements today. Traders are having their day off.

Preferred counters: GoldenA, IndoA, Wilmar, LB, Berlian, Abterra

Happy new year...!!!

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