It's always good to protect profits before all is eroded, at least that's my trading style. When I call for the top in Genting earlier, I was confident that it was a temporary top for the moment where it's good to have some money in the pocket first. I mean ain't it good when you can have $1000 rather than $800? So Genting reacted from 1.375/1.38 to 1.36/1.365. Will it trend higher? I don't know, I shall continue to watch it's activity.
http://stockmarketmindgames.blogspot.sg/2012/08/genting-no-chase.html
If you are interested to know why Genting reacted from 1.375/1.38, you can email me. Thanks :)
Ronald K - Market Psychologist - The Big Speculator
