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Just when I thought there would be a rebound last Friday, the market had a mini selldown.
http://stockmarketmindgames.blogspot.sg/2013/06/sti-rebound.html
The BBs are shrewd and smart as they always do. They are constantly confusing the public and repeatedly bilked the public from making money. From a -50 points last Thursday to a -8.8 points last Friday, the selling had abated. Today I seriously believe the rebound will happen. We shall watch!
Update: June 10th 2013, 9.05am
STI rebounded! Will this rebound last? I believe those who were trapped earlier on are looking to get out first. The selling must subside first.
Update: June 10th 2013, 10.26am
The market had an influx of short coverings and new wave of buyers!
Ronald K - Market Psychologist - The Big Speculator
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