Saturday, November 19, 2011

STI - Selling Momentum


With a panic sell down in most of the stocks yesterday, I was watching Yanlord with scrutiny on how and why did the bubble burst which caused a lot of ammunition among traders/investors. Of course, I left unscathed but i cut a loss somewhere else. What I can say is never go against what is recorded in the chart, it's the ultimate truth in BBs activities. Next week, we shall watch if the selling momentum shall continue or if the selling abates.

Ronald K - Market Psychologist - The Big Speculator