Monday, February 2, 2015

Straits Times Index vs Dow - -252 vs +22

While the Dow was -252 points last Friday night, everyone who went long last Fri will thought that when STI opened today, the market will slam down. As of now, STI had been climbing +22 points even though the Dow was bearish last Friday. I think we cannot correlate the market as we used to. We need to treat each market individually and look at each stock as it is. In the near term, I am mix and be on the watch out for good counters. :)

Ronald K - Market Psychologist - The Big Speculator