What a day in STI today! It was trending up all day and then suddenly sellers look to take control. Of course, we in the SMMG club are trying to take advantage of situations to make some $$. So some of my students went long in Artivision the start of today at 0.114 and within an hour, Artivision shot to a high of 0.121. At that point of time at about 10:03am, I witnessed some of the most powerful unloading action in play. Immediately, I called for booking of $$ in the SMMG Club (as posted above) so that students can lock in $$ and not suffer reactions there after. Most students locked in profits and as of now Artivision is suffering reactions from 0.121 to 0.114!!!
In the minute chart, it was all about collection of scripts and the unloading of scripts. The fine line between collection and unloading was so pretty obvious in the chart where if one can study it carefully, he/she shall make decent returns. In my preview next Wednesday, I shall talk more about the collection and unloading of scripts. Please come for the Stock Operation preview if you are interested to join the SMMG Club! Thank to those who registered, see you guys that day!
Ronald K - Market Psychologist - The Big Speculator
