STI, CapMallAsia and Capitaland

Lets do a quick recap on my previous postings:

CapMallAsia hit my first target of 1.55 today. There is still some way for this correction to run and will probably head towards my second target.

STI - As mentioned in my update yesterday, i am bearish on the STI and has initiated a short position via July SIMSCI this morning. STI is probably heading towards 2950 followed by 2900.

Capitaland - Initiate a short position in Capitaland at 288. First target at 275 followed by 260. Cut loss just above recent high.  

Overall, i think the market sentiments is weak and many stocks look very weak to me. So do take precaution if you intend to take long positions.