Wednesday, March 14, 2012

STI - Upwave

Yesterday, I said that "I think the market has room to go further up, however the activity will be narrow." Today we shall witness a gap up with a narrow activity. To add on, the loss I took on Capitaland gave me an indication of where the market was heading and my conviction towards on a continued upwave. The loss was definitely worth it because not only it told me the market is due for a rebound but more importantly, it gave me the confidence to whack big in my next trade. I am watching Noble, Olam and Ezion today.

Ronald K - Market Psychologist - The Big Speculator