MARKET CORRECTION END MAY/EARLY JUNE

CI climbs to New High, break 1994 high (1,332). Limited selective counters such as LBS and QUEST going up slowly. 2nd & 3rd liners go up and down, ding and dong, going no where. These few days, market is slightly correct, looks like correction, but it is not. The market may have chance to rebound only within 2 weeks, eventually the real correction is forecasted to set in in last week of May/first week of June.

We would say our strategy is, if one counter gives 10% capital gain within next 2 weeks, we would take profit, keep our cash cow, waiting for the real correction in the last week of May/first week of June to buy low again.