Dow revisits the 13,700 level.

As predicted, the Dow Industrials breached this key level, as I had forecast in August(see earlier post).

Im Malaysia, I have open long positions in Malaysian Pacific Industries(bought on Monday), WTK Holdings(bought Monday), TA Enterprises, Keladi Maju, Zecon Engineering, MAA Holdings and Measat Bhd(all bought on Tuesday), totalling about RM 14 000.

In Singapore, I have open long positions in Contel, Fabchem and ManWah(bought last week) and DBS call warrants, Surface MT and ChemOil( bought Tuesday) totalling over S$ 25 000.

However, I also bought some put warrants to hedge my longs and I may have to cut losses on them.