When I unloaded Mewah today, once again, I unloaded at the day high. 1 min after the market opens, I already can tell that it shall be the high in Mewah. Thereafter, Mewah just went flat in trading. I know Jerry, Jason and another close friend of mine whom I smsed this morning unloaded at the day high with me. I avoided a reaction and moved on to some other counters.
So is psychology important? Is timing important? You shall be the judge.
Ronald K - Market Psychologist - The Big Speculator