T3B Mass Gathering for 2010 outlook

Yes...will attend Keane's Mass Gathering tomorrow to hear what he has to say to us about the outlook for 2010.

At the mean time....to start scanning stocks to go "short" next week. To me....think that is most of the "rubbish penny ones" plus maybe the usual suspects like Golden Agri, some of the banks here but not good range for most of them. For those in the HK market has better and wider range to make a profit.....esp the mining stocks while the banks and property stocks also can still go "short" with limited range. As they have already started their "down" trend in the middle of Nov 2009.

Disclaimer....when "shorting" the above, when upon seeing the first sign of market change must close all outstanding positions. This is because....some of the above have already gone "south" by 10% from their peak. The market will self correct for about 15 to 20% in this round only before slowly doing the 2-steps dance till time for another major push up again. This meaning...1 step forward followed by 2 steps backwards or the other way round. The market needs "some rest"....according my own experience, the next round up-trend will be on the last week of Feb onwards after the CNY period when everyone has enough rest and in need of money again after enjoying the CNY festivities.

For another choice....no trading and just watch and see. Risky to "short" due to not a good price range to benefit from doing the shorting. Long....also not good choice as the market is at "resting mode" at the moment with downwards bias