Monday, September 2, 2013

STI - No Short At This Moment


On August 28th 2013, I called for no shorting of the market in the SMMG Club to all my students.
http://stockmarketmindgames.blogspot.sg/2013/08/sti-saving-grace.html

In fact on August 22nd 2013, I called for a temporary bottom before a new bottom was formed on August 28th 2013. http://stockmarketmindgames.blogspot.sg/2013/08/sti-new-bottom.html

The market has now reached a juncture where the quality of supply was heavily reduced and fresh new demand is coming in. We had seen the bottom for now. It's time to scout and watch for good blue chips to accumulate.

Ronald K - Market Psychologist - The Big Speculator