Monday, June 10, 2013

STI - Weak Supply


Just when I thought there would be a rebound last Friday, the market had a mini selldown.

http://stockmarketmindgames.blogspot.sg/2013/06/sti-rebound.html


The BBs are shrewd and smart as they always do. They are constantly confusing the public and repeatedly bilked the public from making money. From a -50 points last Thursday to a -8.8 points last Friday, the selling had abated. Today I seriously believe the rebound will happen. We shall watch!

Update: June 10th 2013, 9.05am



STI rebounded! Will this rebound last? I believe those who were trapped earlier on are looking to get out first. The selling must subside first.

Update: June 10th 2013, 10.26am




The market had an influx of short coverings and new wave of buyers!

Ronald K - Market Psychologist - The Big Speculator