The market today went into some stagnant mode with even more sluggish movements where stocks were jammed and not moving much. The first 4 days of the new year had been great with so much fireworks and movers like Midas, Oxley, Lian Beng and many others until last week's selling spilled over to this week stagnant activity. There is actually not much movements today with the underlying stocks up/down 1-2 pips and then just stop moving. There are some stocks in my watchlist which I believe have the potential but time is the deciding factor and patience is the key execution point. Waiting for watching but not doing anything for now.
Ronald K - Market Psychologist - A Stock Market Opportunist
