Tuesday, 6 September 2011

Market tomorrow wed may open down and then upswing to old targets - Genting -1.64-1.66 , YZJ - 1.09-1.11 - Kepcorp - 8.80-90 but buyers beware .. europe fears can return anytime..

Post-mortem after market close on wed 7 sept :  all our stocks moved up as expected, most within striking distance  of our target bands , with Genting hitting high of  1.64  ( tgt 1.64-1.66) , YZJ hitting high of 1.085  ( tgt 1.09 -1.11 ) and Keppel hitting high of   8.72( tgt 9.80-8.90)

if Dow closes up tonite wed as i would  expect , then all 3 stocks should easily hit the mid to high end of our tues target bands tomorrow thurs morning when STi is about 2840-50 at which time it might be prudent money mgt policy to take half the chips off the table   and see how the markets react thereafter..

we here revise upwards our tgt bands - genting - 1.65-1.68 , yzj - 1.11 -1.14 kepcorp 8.85-9.05...

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