Friday, 25 May 2012

Quiet market

948am now.
Market gapped up and fell slowly.
It seems that most retailers are not willing to hold any positions over the weekend and staying away from the markets because on Monday US markets will not be opened.

At least that's what I see in Sembcorp, Sembmar, OCBC, CityDev, Genting and the list goes on.

Any positions please set your stop loss at the Friday's low (long positions) & Tuesday's high (short positions).
Althought best is just stay away.

Anyways, FirsRes was a good short. Too bad I missed this boat. Congrats on anyone who shorted. :)

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