Wednesday, January 25, 2006

Reviewing My Picks

It’s time to elaborate on my picks. Tech and China stocks have done well. In particular, UTAC is a star performance . Beauty China already exceeded my TP and Cosco also doing well.
Statschpac and Chartered done well today. To be on the safe side, caution must be accorded to Statchp’s tomorrow morning earning report. Quick action must be taken in line with the whim and fancy of the Analyst. Also Cosco today's last minute huge selling must be monitored carefully as the price had factored in new contract signed. MMI and HuanHsin should continue to do well. I like SingTel and include it in my new pick.Why? I don't want to miss the anticipated Cash payout and good dividend. Even, the share should go down, it will be propped up by its good dividend and its remarkable reputation! Evidenced from today, Market is still directionless and in view of many holidays to come, it is inevitable that some profit-takings around the corner must be factored in. In doubt, don’t enter trade, in fear don’t dump share emotionally. Therefore, it is also safe to maintain a plan and Target price, and only take what the market can give!

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