trying to figure out the science and art of trading and investing

an exchange of trading and investing knowledge. the various postings in this blog are based on my personal opinion only and do not constitute as investment advice. The blog owner shall not be liable for any losses incurred by visitors who take investment action based on the postings.

Thursday, January 31, 2008

Bulls and Bears

I think people expect the market to drop like a hot brick and hit the bottom. If the charts are telling a story, it looks like a painful and slow death.

Unless STI break the 3150 to 3200 range, i dun think there is any story. There are firm bulls and bears in the market, so at least this market is sane.

I think the maximum activity will be down not up.

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