What a lackluster day in STI where the underlying stock weren't performing even though the Dow was up 263 points last Friday. In fact I already posted an outlook this morning on not to go long in the SMMG Club as well as on my blog.
http://stockmarketmindgames.blogspot.sg/2014/10/hang-seng-quickie.html
During the Stock Operation Course yesterday, I was sharing and teaching how to anticipate and speculate the market so as to have an advantage against all traders/punters/investors in Singapore. In fact, I already gave my outlook on the weekend on NOT to go long today because everyone will be chasing after a bullish day. A wiser choice would be to stay out / short the market as the Singapore market would suffer some profit taking. End of day today, indeed, many blue chips did reacted and suffered selling. It will be all exciting to watch what happens tomorrow. :)
Ronald K - Market Psychologist - The Big Speculator
