Monday, July 23, 2012

Kepcorp - The Timed Gap Down

Last Thurs during the conversation with Chin on Midas, I also told him about shorting KepCorp as he was telling me that STI seems exhausted. Well, KeCorp indeed gap down on Friday and trended higher again to a high of 11.28. I am not sure if Chin holds through that reaction on Friday but I believe he made some profits when KepCorp gap down today or he won't be thanking me. Will KepCorp trend lower from here? I don't know but I shall monitor it's day by day activity.

Update 10.20AM, July 23, 2012   

Chin just sent me his trade records for his trades. Good work. :)

Ronald K - Market Psychologist - The Big Speculator