A Possible Way out...............

Dow has gone kaput. Lost 500 points in two days. Sub-prime mortgage rears its ugly head again. US interest rate is speculated to move upwards. Funds are moving into bonds. A swath of red ink has hit Asian markets. Investors are running for cover from Shenzhen to Seoul.

Question in our already confused and worried mind. Apa macam?

Analysts say that Monday's possible downside will be capped because of the good news emanating from NCER.

The best thing to do is to watch the market and the counters you are thinking of buying in. forget about those stocks that you have bought even though they have gone down to the seabed. Forget about the dollar averaging game. Buy because you want to come in some more. Because you have faith in that counter.

Let us look at the portfolio for possible buy ins.

Genting: Buy if if goes below RM7.50
Genting CD: Buy if it is 1 sen
Resorts World: Buy if it is RM3.50 and below
BJ Sports Toto: Buy if it is RM4.20 and below
JAKS: Buy if it is 0.71 sen and below
RCE Capital: Buy if it is 0.78 sen and below
Metronic Global: But if it is 18 sen and below
Taliworks: Buy if it is below RM1.75
Welli-Multi Corporation: buy if below RM1.00

Sell and take profit on all that you have bought if the market bounces back.

Heartsong