This morning at 8:02am, I speculated that there would be some unwinding action today and therefore I posted on my blog for all to take profits if one had longs on the blue chips. As of now, STI is coming off and many counters were suffering reactions profusely. There was definitely BBs' selling and flush down from the top to cause this sell down! Beware of your long positions!
http://stockmarketmindgames.blogspot.sg/2013/05/sti-unwinding.html
Ronald K - Market Psychologist - The Big Speculator
