Yet another negative outlook for Noble this morning. No wonder the price was slammed down real fast in a few minutes. The news was released today after my Saturday analysis which tells me one thing, operators usually sell ahead of the news before the retailers get their chances.
http://stockmarketmindgames.blogspot.sg/2015/09/noble-weak-commodities.html
http://sgx.i3investor.com/servlets/fdnews/53812.jsp
The question is how to be fast than the operators so that we get our edge on beating them? Actually, the answer lies in the chart on how the operators performed their hidden selling while the overall mass public were buying based on optimism and hope. The slammed down today in Noble only caused 2 things to ponder for the retailers. Fear and where is the actual low. While price in Noble is cheap, the low gets lower and do not try to caught the low if you do not know how to calculate fear. Stay out of Noble for now.
News source. http://sgx.i3investor.com/
Ronald K - Market Psychologist - A Stock Market Opportunist
