Thursday, September 8, 2011

STI - The K Turn

It's 7.31am here and I saw last night's STI and Dow chart. I believe there is a turning point today. The market could be turning to the down side today. This turn will then tell me how much sellers or real buyers are there. I shall watch if this should be a healthy reaction for a further rally to come. However, should the market rally further, I will not chase.

Ronald K