Wednesday, February 4, 2015

Straits Times Index - Gap Up First

Today the market will gap up first due to the Dow 300+ rally. However I don't think it's a good day to go long because after all that morning chasing, sellers will appear and start to take profits. Profit taking and short selling may appear at the later part of day. The game plan today is definitely no chasing.

Ronald K - Market Psychologist - The Big Speculator