STI rebounded as speculated!
http://stockmarketmindgames.blogspot.sg/2012/10/sti-no-chasing.html
"Today the market will gap down, opened red and thereafter I believe it shall trend slowly upwards in a weak and slow fashion. We shall watch."
The one thing I was not correct was the weak and slow fashion rebound. Nevertheless, it still rebounded!
Ronald K - Market Psychologist - The Big Speculator