STI is starting to sell down now after some powerful rise in the morning. The rise could be just a fake breakout to trap retailers while the BBs were looking to short sell. I hope my prediction is right as posted this morning. Initially I thought I was wrong, but not until end of day, there is still chance that the market would sell down. Let's see.
In fact, last Saturday on my short term prediction on STI, I expect it to hit the range of 2894-2900. Today it hit a high of 2893.36 before sellers came to sell and book profits off the market! I am sticking to my game plan on short term selling. Click and see my post last Saturday on a weekend!
Ronald K - Market Psychologist - A Stock Market Opportunist