Monday, March 19, 2012

Trade Record - Shorts

I was just having a course session with my student yesterday and I shared with him why Capitaland and GLP is a short to me. Today it did went up in the morning, and I told him it's all tricks the BBs are using to lure the public to buy at breakouts. True enough, it was indeed a trap so suck the public's funds so that they can short sell. Today, both stocks came down, however I already shorted on Friday. I was telling my student I am not cutting loss because I am like 99.9% sure today would be a trick by the BBs and it shall be a down day. True enough in the late afternoon, the market started tanking.

Ronald K - Market Psychologist - The Big Speculator