Hi-P had a slight recovery after it gap down yesterday. It's the only stock that gap down and recovered in the tech sector as compared to Venture, UMS or Sunningdale. I believe it might be because of it's linkage to Apple and hence there was a rebound up. It's a scary market as it's like sector after sector, they all suffered one long bar down and then slowly recovery which might not even lead to full recovery. SIA, Hi-P, AEM, UOL and many others were similar. The DBS gap up today because of UOB's good results but then it's now all coming down again because it reached the selling zone in the short term.
I had a good full day yesterday sharing the market LIVE with a very selective and small group of people which I really enjoyed. All of them saw what happened yesterday as the market unfolded where whatever I predicted materialized. Tonight is another day of hustling and grinding with another group of people which I will share some insights and knowledge on the market for next week. Next week market should have better opportunities. Let's see.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
