STI had a major major gap up down today. As per my last blog post on STI, my view was bearish and there are no signs to long this market yet.
http://stockmarketmindgames.blogspot.sg/2015/07/straits-times-index-plunging.html
This current market presents volatility and a challenging condition. Most penny stocks as also predicted suffered selling and reactions heavily. I still stay on my stance on not touching penny stocks because I prefer blue chips and growth counters now.
http://stockmarketmindgames.blogspot.sg/2015/07/straits-times-index-landscape-and.html
So when will STI hit the bottom and rebound again? Stay tune and watch my blog space. I will post when the time is ready. :)
Ronald K - Market Psychologist - A Stock Market Opportunist
