Sunday, July 18, 2010

Let take a look at some chart

MSCI Singapore


Exhaustion gap on the 14th, short MSCI at 348.5

STI



STI too have similar pattern

HSI



HSI have already break down from the price action.

DOW



A long bar down

A buy = a sell...if you buy who sell?that is how i know shorting can take place despite alot of people are buying
I dont favour any trend, any trend that help me make money that will be my friend. The trend is your friend, dont have to be loyal to bull or bear. Just need to follow whoever that lead the way.