Well, yesterday STI trended up for the entire day, however I followed my plan and that was not to go long. Of course, there were stocks like Genting, Yanlord and some others that ran, however I was totally alert of profit taking that might take place which could cause a drop in price. It came one day later and happened first thing in the morning today and luckily I did not chase prices. When I say STI, I am speaking in context of the overall general market, not in particular to individual stocks. STI and SIMSCI futures are rather similar, so if you trade SIMSCI futures, you will have a better coverage on my blog.
http://stockmarketmindgames.blogspot.sg/2012/07/sti-heaviness.html
Ronald K - Market Psychologist - The Big Speculator
