By next week if there is no rally, we may turn shorting the market depending on the KLCI movement. 9th Jan protest and final verdict on Anwar’s case may be a factor. If by Wednesday thee is not much movement, we will turn bearish for Q1 of 2012. As we are firm believer of market sentiment dominating fundamental values in timing.
Top 5 Picks in 2012
1 Tomei
2 Oldtown
3 Bonia
4 Stemlfe
5 AeonCR / Favco
Added PavREIT and Favco mildly
We have added PavREIT and Favco mildly during the first trading day.