Wednesday, September 9, 2015

Straits Times Index - Blue Chips




After the early morning gap up due to the rally in Dow last evening, the gap up was a maneuver used by the BBs to force the market up so that they can book profits. However after the gap up, there wasn't any further heavy profit taking. With weaker selling, the market rallies and many blue chips followed. No penny stocks for me at the moment because the funds are loading the main board. Will continue watching tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist