I am seeing The K Turn now!
Update: Fri, 16/9/2011 5.44PM
At 9:30AM this morning, I saw a turn. Although it was not at the super day high, but it's high enough for my entry to short. At 8:48AM this morning, I said I am only looking to short at the TURN and true enough the market trend down gradually thereafter, http://stockmarketmindgames.blogspot.com/2011/09/sti-reverse-psychology.html The market was stagnant for the whole day and did not make any upward progress!! There were some unloading action in the market today and I believe the bull is not ready to charge yet. In the near term I am still looking to short. When there is no panic, there isn't going to be any major rally.
Ronald K
Update: Fri, 16/9/2011 5.44PM
At 9:30AM this morning, I saw a turn. Although it was not at the super day high, but it's high enough for my entry to short. At 8:48AM this morning, I said I am only looking to short at the TURN and true enough the market trend down gradually thereafter, http://stockmarketmindgames.blogspot.com/2011/09/sti-reverse-psychology.html The market was stagnant for the whole day and did not make any upward progress!! There were some unloading action in the market today and I believe the bull is not ready to charge yet. In the near term I am still looking to short. When there is no panic, there isn't going to be any major rally.
Ronald K
