Monday, March 12, 2012

STI - Bearish Sentiment

The entire market sentiment turned sourish. I am not looking to long anything. I can't find a reason for any breakouts. I am all bear now. Two of my favorite stocks are SembMar and SGX.

Update 9.43PM, March 12, 2012 


I made a wrong call on my speculation. Nevertheless, I am still able to profit from the short side in Capitaland.

Today I believe the market shall have it's second bearish breakdown when the first was recorded on March 6th 2012 where STI tanked down 57 pts. I shall watch closely.

Ronald K - Market Psychologist - The Big Speculator