Cautious

I would say the market is full of uncertainty and volatile. Last few weeks, Ireland debt issue then Conflict between South and North Korea. And today, we have a news on "Spain's debt rating may be cut by Moody's amid struggle to limit contagion". for more detail, go to http://www.bloomberg.com/news/2010-12-15/spain-s-aa1-debt-rating-put-on-review-by-moody-s.html

Today, HSI dropped 455.84 points or 1.95%, STI dropped 29.71 points or 0.94% and KLCI edged 1.48 points lower.
sometimes we should look at some defensive stocks instead.

My interest

On 13 December 2010, I introduced YEELEE at RM0.905. Today it closed at RM0.955, representing 5% increase in less than 5 days. For more detail, http://scheherazadetrend.blogspot.com/2010/12/bottoms-out.html

On 14 December 2010, I introduced SCIENTEX at RM1.83. Today it closed high at RM1.89. For more detail, http://scheherazadetrend.blogspot.com/2010/12/scientex.html
Q1FY2011 result has just released today. I'll post my comments regarding the result soon.



Disclaimer: The company analysis that appear in this blog is merely facts gathered from different sources and the author's personal view. It is not a buy or sell recommendation. The author do not guarantee the accuracy of the facts being presented. Please consult your investment advisors before acting on any information provided by the analysis above.