Earlier in the morning at 11:50am, I posted a bearish outlook on Capitaland saying that it was on it's way of breaking down. Soon thereafter, sellers indeed emerged and sold off their shares, causing the price to slammed to a low of 3.27 for today!!
http://stockmarketmindgames.blogspot.sg/2014/09/capitaland-breaking-down.html
In fact, on August 28th at 7:41pm when I posted my bearishness on this counter before the market opened the next day, Capitaland wasn't in Top Volume where sellers were already masquerading their intention for the following day August 29th for a hidden selling. When August 29th started trading, Capitaland gap up 2 pips before suffering a heavy selldown to a low of 3.31! Obvious selling emerged that day where the buying disappeared temporarily. The hidden selling and distribution in Capitaland was strongly infused in the stock that for the naked eye and for those using traditional technical analysis, it was virtually impossible to predict the appearance of the Capitaland in the Top Volume with price declining on August 28th before it happens on August 29th. After a series of distribution and hidden selling, today's further price declination is a testament to what I saw last week on August 28th. If you want to make good $$, short on hidden selling before anyone else and cover shorts on hidden buying before the obvious short covering appears. Congrats to those who shorted on the hidden selling!!
http://stockmarketmindgames.blogspot.sg/2014/08/capitaland-not-in-top-volume.html
http://stockmarketmindgames.blogspot.sg/2014/08/capitaland-in-top-volume-with-price.html
Ronald K - Market Psychologist - The Big Speculator
