STI finally closed in the red yesterday as most stocks also end the day very much lower than the day-high. It had been the same case over the last few trading days. And I believe that we will once again see the same thing today. Expect stocks to open strong after what we saw in the US market, but I believe they will start to get weaker as the trading day ends.
Some readers told me that I am quite bias against those micro penny stocks, which are below even 10cts per share. Well, I can only say that, I very seldom look at them, although there are some better quality ones than the rest. It is your decision to deal and trade those micro penny stocks and not mine. I will very much stick to those more "expensive" stocks that I am more familiar with. No hard feeling, you ......