Wednesday, April 23, 2014

STI - Suffered Reactions!





Posted an market outlook call in the SMMG Club for this morning that STI would suffer reactions at around 815-830am. Market opened, with immediate effect, STI gap down and suffered immediate reactions. The blue chips will start having sell down first. This is how you do speculation with precision timing. Why not yesterday down? Why after the day before down and yesterday is up? To do perfect timing, one needs to understand market psychology and not technicals. :)

Update 23/4/2014, 10:50pm





STI continued to spiral down!!

Ronald K - Market Psychologist - The Big Speculator