Last evening after market closed, I predicted that STI would hit a 2810-2825 range before rebounding. Today it hit off the low at 2808 and started to rebound with many blue chips as also predicted galloping for fresh air.
http://stockmarketmindgames.blogspot.sg/2015/08/straits-times-index-end-of-day-data.html
And so this morning, I also make a forward prescient prediction that STI will start marching upwards and as of now, we are witnessing the march up! Do note, this rebound is temporary only.
http://stockmarketmindgames.blogspot.sg/2015/08/dow-1000-points-drop.html
From the -1000 drop in dow was my biggest clue to the march up today. Well, I made some mistakes here and there but it's a volatile market after all and nobody can get it right 100% all the time. Whatever it was, the temporary bottom has been predicted. :)
Ronald K - Market Psychologist - A Stock Market Opportunist
