Yesterday I was just having a group discussion in my close group student forum. On one of the topic, I saw one of my student asking opinions of what would STI do today. Scanning the chart for like 1 sec, I posted my analysis that STI would go green today. Even though Dow Jones was red last night, that doesn't mean STI would go red. Yes, I made a wrong call on Dow last night, but nevertheless one of my student still made money by going long during the early trading hours when Dow was trading green. Morale of story, never correlate market like I always preached to all.
My student's trade record for Dow last night.
Ronald K - Market Psychologist - The Big Speculator
