Monday 31 December 2012

Straits Time Index

I am back after another trip last week.

While i was overseas, it was interesting to read "bullish headlines" about how the market will gain another 25-30% or resumes its uptrend in 2013. As usual, the crystal ball grazing provides tons of fun but little value. In fact, it might act as a good indication of an imminent correction that always occur whenever the headlines of local newspaper turned bullish (the reverse is true as well).


STI has turned into a sell for me today. My first target is around 3100, followed by 3050.

Hope all readers have a happy and prosperous 2013.




2 comments:

  1. I found efficient information in this blog, if you are looking for unique and accurate trading tips then you should join Epic Research Private Limited.

    ReplyDelete
  2. Around 29 companies are scheduled to report their December 2017 quarter earning results today which include names like Asian Paints, Axis Bank, Diwan Housing, Havells India, JustDial, Rallis India, Videocon Industries
    Free Commodity Tips

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...

Google Analytics