Monday, March 16, 2015

Straits Times Index - A Big Draw Down


As I reiterate over and over again on the March correction, I believe the materialization process is just getting closer starting later when the market opens at 9:00am.

http://stockmarketmindgames.blogspot.sg/2015/03/straits-times-index-march-correction_11.html

http://stockmarketmindgames.blogspot.sg/2015/03/straits-times-index-march-correction.html

While selling starts later, it's wise and not a good choice to go long today. In fact, many blue chips and small caps will start to suffer some reactions and soon a heavier selling to come. While the ulterior motive of the BBs for the current situation is more inclined towards the short side, I am still watching a basket of stocks for the long side when the time is correct again. While my workshop is this coming Wednesday, I can't wait to reveal and share the most important outlook of how to fish the bottom at the right time to reap the maximum gain.

Ronald K - Market Psychologist - The Big Speculator