Wednesday, March 7, 2012

STI - Shorting?

I was shorting in the morning yesterday because I sensed the market turned sourish. Indeed the market went south and did not recover. I wasn't in the best mood to do any trading so I took my profits fast regardless how much I make. Now, something drastically happened and it affected my mood tremendously.

Today, I am cautious. The market will open lower first and trend higher. I shall judge the forces of supply and demand before taking a position. My favorite list of shorts at the moment are:

Keppel Corp

Update 9.20PM, March 7, 2012

The market rebounded early as of now!

Ronald K - Market Psychologist - The Big Speculator