Yesterday, the index broke 3500 and reached a high of 3523 and pulled back within the day. Today down another 38 points. Most of my open trades were closed by exit signals. Of course, a mix of +ve and -ve results. Market price action suggested less potential buyers. I would watch out, obey the rules and wait for another round of buy signals.
Be patient, obey the predefined trading rule.
Happy trading. The Singapore stock bull trend not end yet.
Tuesday, May 8, 2007
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1 comment:
"The Singapore stock bull trend not end yet."
Agreed.
However, the market needs to correct a bit before going up further. I will be happy to see STI reaches 3,700.
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