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Market collapse has come as expected.
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STI has broken trendline last week.
This blog says will not short as most of
Moving Average of daily charts are still slooping up.
What do you guys think?
No such thing calls bear market in 2009, 2010 and 2011 I suppose!!!
chewwl88 ( Date: 05-Oct-2009 12:00) Posted:
according to the news mention if STI hit down support 2560 will turn to bear market.
Is that true???? It is the major correction only???
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Rebound is true...
but the biggest question is when will be the trend reversal... ...
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The stock market is good, but newbies must avoid it at all cost.
This kind of cycle happens over and over again. As long as ppl stay out and not selling like hell, it will stablize. The harder it falls the greater the strength for rebound.
according to the news mention if STI hit down support 2560 will turn to bear market.
Is that true???? It is the major correction only???
The recent collapse of the STI could be said to have been expected. Did anyone felt otherwise?
