Back!

Hi everyone!

Oh it feels good to be back in Singapore! Well, I must say that Thailand is indeed a shopping paradise! Visited MaBongKong, ChakTukChak, Pantip, Pratunam, Platinum, PatPong, 4-Face Buddha, Floating Market and lots more. Bought tons of stuffs. I must agree that Thai massage is simply the best if compared to Singapore and BeiJing massage that I have tried before.

Okay, holidays aside.

Now that we all know Federal slashes key interest rate by half a point to 4.75% to ease tight credit. It may be the last good news. Starting from today, all the bads news may start to spit out one by another. Blue Chips moved today but not the Penny stocks, disappointing.

There are 2 possible outcomes:
1) Penny stocks will rally only after Blue chips rallied.
2) Blue chips rally to peak, followed by a big selldown for mass killing!

Lets observe the market for the next few days.