16 April 2011 Its been a slow mkts dominated by range trading. Except for USDSGD which is on a downtrend, most mkts are stuck on range trading. lets wait out and monitor to: 1) buy usdjpy on dips 2) buy eurjpy and gbpjpy on dips 3) buy crude near USD100 --------------------------------------------------------------------- 9 April 2011 Dear investors / fund managers The last one week has seen some big trends: 1) EURJPY and all the other JPY crosses going straight up 2) oil, precious metals, agriculture instruments all gaining upside traction If u hv missed, there is no point chasing except to say buy USDJPY on dips esp if it breaks 86.00 For the stock mkt, USA was slow and Asia strong. For this week, I am buying into China H shares: - Agricultural Bank of China - increasing stakes in 2233 China West cement and SIN stocks GLP and Mapletree Logistics I am out of USA and Europe stocks and keep short some DAX. Good luck and God bless, Temujin