Tuesday, October 16, 2012

STI - Cautious

I am overtly cautious today. I will be only watching a few counters today like Midas, Oceanus, Qingmei, Wilmar and Genting. The market reached a point where I believe sellers might emerge to overwhelm buyers, so I believe booking profits is the best bet. We shall watch how it pans out later.

Update 16/10/12, 9.05am




4/5 stocks I selected appeared in top volume. Continue watching!

Update 16/10/12, 9.35am


Now Qingmei participates in the top volume too!! It's 5/5

Ronald K - Market Psychologist - The Big Speculator