My AAPl was stopped out on last Fri, and due to the soften of commodities trend, I closed DDY too. This morning cityDev was up trying to break the defence of bears but failed badly after lunch. it's a good indication for CityDev to be a market vane nowadays.
Now i'm seriously consider the short side. Many supports are to be broken tomorrow. 'em holding FDX and GS puts. The bear stepped in finally.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, June 22, 2009
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