Wednesday, September 7, 2011

STI - Watch Out

Although I am bearish on STI last week and for those who emailed me for a market outlook, I told you that I am shorting on strength. Something caught my attention last night. The market seems to command for a turn. I am not jumping into conclusion which would negate my bearish views. As I mentioned earlier, I am patient enough should I be trading on the long side. I am suspicious and it might be time to cover my shorts. It's time to watch!

Ronald K