Monday, December 15, 2014

Straits Times Index - Deep Sea of Red



Today the market will be a deep sea of red since the Dow was slammed down -316 points. It's not a good day to go short since it will be gaping down. A good short would be short on the rebound when there was short covering and weak rebound where those rebounds are unsustainable where no real/hidden buying was involved. Be careful of your long positions.

Ronald K - Market Psychologist - The Big Speculator