test4

Thursday, October 1, 2009

Possible STI Performance?

I have posted this on CNA forums. It's based on what I think most traders are thinking, an attempt on counter-intuitive psychology.... It's just for fun, so I might likely be wrong

Act 1 Scene 1: Lots of pple waiting for window dressing to sell higher. That means there won't be window dressing... Likely to remain stagnant till Oct...

Act 1 Scene 2: A lot of people are getting cautious of October, so likely to rise up somewhere in October.

Act 1 Scene 3: People start to believe October this year wasn't a bad month after all. All prepare for year end rally, start to buy more and more. Market will then become toppish

Act 1 Scene 4: Indeed Year end rally! Buy more! Market tops. End of final wave. Target timeline: November. Start of wave 1 downwards.

Act 2 Scene 1: People start to sell, believing market has topped. Market u-turns go up for year end rally till Jan. Start of wave 2 upwards.

Act 2 Scene 2: People start to believe market rally hasn't end yet. Buy back some. Some happy that they bought back cheaper. Market turns again for wave 3 down. Feb 2010.

No comments:

Post a Comment

Please Comment >>