Trader stock market trend (bull or bear) is set by stock market trader's sentiment, fundamental (economy) and technical (TA) analyses. Trader's stock Market Trend Headlines also affect the market sentiment to invest or sell stock!
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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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