The market tumbled even more today. After the gap down, more sellers threw as the overall extreme bearish sentiments kicked in. Nothing was sparred as the banks got threw down the heaviest in the STI component. You seldom see STI down -170 points as I can't remember when was the last time I saw that. I went to give a speech and shared about the global economy and jobs and what you need to do to protect your $$. At this moment, I can see a lot of panic throwing and there was virtually no buyers to support the market. As I mentioned earlier in the morning, protect your job now as more gloomy days ahead.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
