Wednesday, August 11, 2010

Mkt drop

As spoken yesterday, flat top of the market produce drop. The US indices are down currently and in asia japan is down 2.7%,. HSI is down 0.83% and STI is down 1.17%.
The trading method of mine also tell me that a drop is coming.that why i have no holding as of now except shorting of emini S&P 500 @ 1116.25.

Those who have shorted on SG stock earlier congrate too. i miss this boat cos i am too busy with my work.
is ok...never chase the market.if you miss it, is ok. the next wave will come again. if u chase the market and u lose $$$ then that it, you may not be able to come back to the market again.