Thursday, March 01, 2007

Bad..

Today we see some rebound in the morning, however it was eaten by bears to close at -11 for sti.

Hmm...things start to look bad. Just had a look at dow, -200 as of now.

Nothing much to say today, wasn't even actively looking. If dow close again at -200 to -400, expect another bloodshed day for sti tmr.

KT, if you're reading this, don't sell now. Even if this is the start of a bearish turn, it will not go down one straight line. There's a time to exit, so sell when there's a relief rebound, unless your stop loss is triggered.

Good luck guys!

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