Monday, October 27, 2014

Straits Times Index - Sellers Later


Today the market will open green and rise first followed by a sudden temporary trading range with profit taking in place where then will distribution start, followed by sellers appearing and sell their shares. The game plan today is not to go long. This is my outlook for the day. Of course, I am speaking in context of the general market, some stocks may still run. I will trade the STI instead.

Ronald K - Market Psychologist - The Big Speculator