Market Review and Trends
Intraday Japanese Bear Trap! Up 2.7% Turned Down 1.5%!
By StockBrokerPlaysPoker  •  May 24, 2013
View: I hope you are enjoying your Vesak day, I think its really a nice time for our exchange to be closed today as the Asia market remains volatile. The Nikkei Stock Averageclimbed 2.7% early morning in Tokyo after diving 7.3% in the previous session. Investors saw the strong US close last night as a good sign and was bullish for the start, however many traders got trapped as the bear strike again mid day, sending the Nikkei deep red at 1.5% down from previous day! STI is currently at 3,393 if the bear breaks its 3300 support level I might consider opening up my opportunity fund and deploying my cash to purchase some down beaten stocks. http://stockbrokerplayspoker.blogspot.sg/2013/05/the-next-big-crash.html...
Read the full article
By StockBrokerPlaysPoker
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance