The major indices DJI, SPX and our STI are at their support now, after a fierce drop previous day. Overall, the general uptrend is still intact. A break below 2880 could lead STI lower to its next sppt 2845 or even 50dma. But What I want to say is: IT's STILL TOO EARLY TO CONCLUDE IT WILL HEADING DOWN. So my strategy is to watchout those stocks at their major support and long if there is a rebounce. There are good opportunities out there...
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Thursday, January 21, 2010
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