I am planning to do a swing trade on the Simsci futures. When it comes to swing trade, I would have to study real hard because I am planning to go a little bit bigger and longer in the timeframe. Studying the chart for STI, the downside looks limited now. Most underlying stocks are rebounding and I need to see one more panic sell down in the market before I start going long. There maybe a panic sell down or there may not be but that's not the important clue. More importantly, when the time is ripe, I will catch the bottom and go long. Stay tune.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
