Market for the coming week

Don't think the market will drop and do a V-shape recovery becoz it is already too near to CNY, therefore it is likely to trade sideway till after the CNY. Most chinese traders would have clear their positions and waiting to go and have a good time during the CNY.

But still there maybe some stocks esp those already "kena whacked down" may have a mini recovery. Same for the index too....which was due to the recovery for the US market on friday.

To be really safe...can only Genting and Golden Agri but for Genting....may have to monitor very closely becoz something is cooking there. Likely is the bond conversion thing on 8/2...so, it may be pushed higher before it drops again after the news on 8/2.
For Golden Agri...at 50 cents, it is a reasonable buy due to the palm oil price. Even can buy Indo Agri and Wilmar too.

Guess...Ezra, Olam and Noble together with UOB and OCBC are good bet for quick profit. Same for Capitaland....has drop quite a bit from it's recent high of $4.44.

So....any drop next week maybe a buying opportunity if willing to hold.