Traded 3 million shares of Rex Intl. The view in Malaysia is great while the market wasn't that great. It's early in the morning while the market gap down and presented some opportunities for long. It's a risky trade and I am looking for scalps instead of buy and hold. I studied the Top Volume and stocks were rebounding slowly but personally based on my analysis, it won't sustain for long and hence I know that should there be a rebound, I will be out. I will cut loss should I see some hidden unloading actions from the BBs.
Ronald K - Market Psychologist - A Stock Market Opportunist