Just when STI crossed 2700, DOW fell to -67.30 on last Friday!!!It is almost impossible to trade in Spore mkt with strengthless STI and shorting looked suicide under bullish climate. Should we long during the coming week or till and see, maybe wait a long time to see uptrend.
Many had expected DJones to fall after breaking the 10000pts. Whatever goes up will definately come down as investors will take profit. My advise is stay put and watch first.
Just when STI crossed 2700, DOW fell to -67.30 on last Friday!!!It is almost impossible to trade in Spore mkt with strengthless STI and shorting looked suicide under bullish climate. Should we long during the coming week or till and see, maybe wait a long time to see uptrend.
Bro,
One should not read into one day of up/down (market noises),it will confuse one, look at the big picture, keep it simple, when the trend is up stay long. Unless you talking short-term trading.
One should not read into one day of up/down (market noises),it will confuse one, look at the big picture, keep it simple, when the trend is up stay long. Unless you talking short-term trading.
same thimking here also. unless u are on short term.