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Saturday, February 12, 2011

STI Consolidation Market Trend

STI low 3054. Too many foreign "bears" dumping - correction stock market trend - still a bear secular bear stock market! SPX needs to cool down to 1300 and hope STI won't drag down further by another 3 to 5%! Funds made good profit selling (buy back low) and soon buy low sell high, and follow by foreign funds DUMP HIGH again like this week across Asia. A "planned" stock market trend not based on technical analysis nor fundamental with reference to SPX - big fish eat small fish or bull "victims"! Playing with skewed bear sentiment (fear factor)...

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