I covered my Parkway short

I have covered my Parkway, amidst market volatility, at 1.15. for a $450 profit. It is way before my profit target, but with STI at already at such low levels, anything can trigger a strong rebound, and I am uncomfortable with anymore risk. After this episode, I will personally be looking to long the Hang Seng Index and China counters. I think this will happemn by 2Q 2009. Follow the advice of Chua Soon Hock.