Friday, May 3, 2013

STI - Never Correlate 2


The Dow was up 131 points last night and as of now, STI is coming off from it's high and down 16.5 points. It doesn't mean that when Dow is up, STI will follow. The 2 markets is not inter correlated. They are different and individual. Today we once again witnessed it.


And of course, HSI is now up 92.5 pts but STI continues to spiral downwards.

Ronald K - Market Psychologist - The Big Speculator