Tuesday, August 2, 2016

Singapore Straits Times Index - Gloomy Doldrums

The STI is in doldrums with a gloomy outlook. Many stocks started to collapse where I predicted it privately in my sharing sessions and students started shorting way before this sell down happened. Look at Noble, Alliance Mineral, Ezra, Ezion, Ausgroup and the list goes on, where they are all suffering major selling down. If you shorted and if you know how to short using CFD, is that great? Of course not all stocks are shortable but look to short the blue chips where there are scripts readily available like DBS. The stock just continue to tank since it has exposure to Swiber.

Ronald K - Market Psychologist - A Stock Market Opportunist