A day of massacre and wide spread heavy selling across the board. Every stocks related to oil was not spared and the sellers were cold blooded. The market suffered it's biggest day drop since last month. Most penny stocks did not had a chance of recovery but more importantly the timing to buy stocks today was off and we were starting to short in the morning as posted in my last blog post.
http://stockmarketmindgames.blogspot.sg/2016/03/singapore-straits-rimes-index-selling.html
In the morning, a lot of retailers were furiously chasing the market and everything I observed in the Top Volume was so spot on. There was a frenzy amount of buyers thinking that the market was bullish in the morning to only realized that end of day was a disappointment. I am rotating and looking for the next industry to move next. Who's moving with me?
Ronald K - Market Psychologist - A Stock Market Opportunist
