With the Dow being slammed down -268 points last night, DBS and STI will start to suffer gap down today. In fact, this time round, there won't be a bounce in STI anymore as compared to Tuesday when the Dow was down -107 points.
http://stockmarketmindgames.blogspot.sg/2014/12/straits-times-index-sellers-materialized.html
Today, the market will Gap Down first followed by short covering, and then continue to be slammed down with sellers towards the end of day. Watch out your long positions if any. No matter how good a stock is, no stocks will survive if there is going to be a major sell down. Every stocks suffer.
Ronald K - Market Psychologist - The Big Speculator
