During the stock operation course, I gave my outlook for the Singapore and US market to all my students. I said this week is red and bad. So till today, we saw the market coming off from the high. One student asked me about Apple and Intel and I said it's bad, so from what I saw last 2 days, it indeed turned sourish. As for STI, before we saw the breakdown last 2 days, I told all my students I am bearish on the fake breakout bar and STI shall be coming off this week.
So what shall happen today? My game plan is not to short with the mass public. Let all the shortists do the silly stuff first and watch for a rebound. That's what I think will happen.
Ronald K - Market Psychologist - The Big Speculator
