Market Review and Trends
Market View 21 August 2013
By Singapore Stock Lobang  •  August 21, 2013
It was a pool of red in the market yesterday and STI is at its low for this year. Amidst the bloody scene, there are still a couple of green leaves in my watchlist. They are Dukang, which should be reporting its FY result very soon, and KrisEnergy . There are also a few which close nearer to the day-high rather than hanging at the low. Some readers asked me whether now is good time to go into the market again yesterday. My answer to them was that it is going to be rather volatile recently, and I asked them to monitor the situation first. I already stated in the blog many times that now is the to do contra-trade and to get rid of the position when the tide is turning or you sense that something is not right. Be discipline and practice cut-loss as it will really benefits you ......
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By Singapore Stock Lobang
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