Good day everyone, I'm relatively quiet these few days. Market is just zig-zag in the range trading.
STI rebounding now with 40 points gain to 2975 as I'm writing. Mainly are blue chips i.e DBS, UOB, OCBC, SGX, Citydev, Capitaland, kepland, F&N. I have a note here:
1. STI still in a downtrend and I don't know if it's the bottom now.
2. Generally counter-trend trading if long--short term.
3. Take profit at resistance or stay out. if not clear.
Will update you soon if opportunities rise. See yar
Monday, March 21, 2011
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