Scan 20 May 08

MACD Scan based on closing price on 20 May 08

Symbol	Type	Date	Close Price	Volume
ADVANCED SYSTEMS AUTOMATION	Bearish	16-May-08	0.03	150000
ALANTAC TECHNOLOGY LTD.	Bearish	16-May-08	0.15	402000
ARMSTRONG INDUSTRIAL CORP LTD	Bearish	16-May-08	0.335	283000
CHINA SUNSINE CHEM HLDGS LTD.	Bearish	16-May-08	0.25	770000
CHINA XLX FERTILISER LTD.	Bearish	16-May-08	0.99	6799000
ELLIPSIZ LTD	Bearish	16-May-08	0.215	980000
FORTUNE REAL ESTATE INV TRUST	Bearish	16-May-08	4.88	449000
JASPER INVESTMENTS LIMITED	Bearish	16-May-08	0.46	551000
MFS TECHNOLOGY LTD	Bearish	16-May-08	0.325	500000
PAN HONG PROPERTY GROUP LTD	Bearish	16-May-08	0.42	260000
POPULAR HOLDINGS LIMITED	Bearish	16-May-08	0.29	270000
SINO-ENVIRONMENT TECH GRP LTD	Bearish	16-May-08	1.82	1695000
SUN EAST GROUP LIMITED	Bearish	16-May-08	0.145	1119000
UMS HOLDINGS LIMITED	Bearish	16-May-08	0.255	1409000
AUSGROUP LIMITED	Bullish	16-May-08	0.86	8029000
BBR HOLDINGS (S) LTD	Bullish	16-May-08	0.08	3854000
BENG KUANG MARINE LIMITED	Bullish	16-May-08	0.245	333000
CENTILLION ENV & RECYC LIMITED	Bullish	16-May-08	0.03	200000
EZRA HOLDINGS LIMITED	Bullish	16-May-08	2.68	3900000
FEDERAL INT(2000) LTD	Bullish	16-May-08	0.435	2360000
GRAND BANKS YACHTS LIMITED	Bullish	16-May-08	0.93	7499000
LEE METAL GROUP LTD	Bullish	16-May-08	0.215	207000
SAN TEH LIMITED	Bullish	16-May-08	0.52	120000
SINGAPORE AIRLINES LTD	Bullish	16-May-08	16.3	2042000
SINGXPRESS LTD.	Bullish	16-May-08	0.04	201000
UNITED FOOD HOLDINGS LIMITED	Bullish	16-May-08	0.15	256000
YONG XIN INTL HOLDINGS LTD.	Bullish	16-May-08	0.185	175000
ADVANCE SCT LIMITED	Bearish	20-May-08	0.32	4320000
BROTHERS (HOLDINGS) LIMITED	Bearish	20-May-08	0.245	121000
CHASEN HOLDINGS LIMITED	Bearish	20-May-08	0.005	110000
CHINA ANIMAL HEALTHCARE LTD.	Bearish	20-May-08	0.185	1628000
CHINA INFRASTRUCTURE HLDGS LTD	Bearish	20-May-08	0.075	156000
CHINA PETROTECH HOLDINGS LTD	Bearish	20-May-08	0.245	102000
EUCON HOLDING LIMITED	Bearish	20-May-08	0.075	190000
GOODPACK LIMITED	Bearish	20-May-08	1.85	410000
HG METAL MANUFACTURING LTD	Bearish	20-May-08	0.39	4004000
HYFLUX LTD	Bearish	20-May-08	3.6	1371000
INNOVALUES LIMITED	Bearish	20-May-08	0.235	262000
JURONG TECH IND CORP LTD	Bearish	20-May-08	0.33	916000
K1 VENTURES LIMITED	Bearish	20-May-08	0.205	1724000
ORIENTAL CENTURY LIMITED	Bearish	20-May-08	0.475	611000
PLATO CAPITAL LIMITED	Bearish	20-May-08	0.065	140000
SWING MEDIA TECHNOLOGY GRP LTD	Bearish	20-May-08	0.08	300000
THAKRAL CORPORATION LTD	Bearish	20-May-08	0.06	1396000
UNION STEEL HOLDINGS LIMITED	Bearish	20-May-08	0.19	310000
WING TAI HLDGS LTD	Bearish	20-May-08	2	8232000
ACHIEVA LIMITED	Bullish	20-May-08	0.135	125000
ASIA ENVIRONMENT HOLDINGS LTD	Bullish	20-May-08	0.49	5546000
BAN JOO & COMPANY LIMITED	Bullish	20-May-08	0.065	3280000
BANYAN TREE HOLDINGS LIMITED	Bullish	20-May-08	1.5	3738000
FREIGHT LINKS EXPRESS HOLDINGS	Bullish	20-May-08	0.075	4547000
FUJIAN ZHENYUN PLAS IND CO LTD	Bullish	20-May-08	0.56	117000
GALLANT VENTURE LTD.	Bullish	20-May-08	0.685	338000
GLOBAL VOICE GROUP LIMITED	Bullish	20-May-08	0.08	33833000
LIAN BENG GROUP LTD	Bullish	20-May-08	0.36	1985000
METRO HOLDINGS LIMITED	Bullish	20-May-08	0.79	745000
OLD CHANG KEE LTD.	Bullish	20-May-08	0.21	222000
RICHLAND GROUP LIMITED	Bullish	20-May-08	0.465	1981000
ROWSLEY LTD.	Bullish	20-May-08	0.1	3090000
SINOPIPE HOLDINGS LIMITED	Bullish	20-May-08	0.36	433000
SKY ONE HOLDINGS LIMITED	Bullish	20-May-08	0.165	496000
STRATECH SYSTEMS LIMITED	Bullish	20-May-08	0.045	258000