Monday, July 27, 2009

Cautious note


STI has risen for the past 9 sessions. Don't expect it to go up everyday. I suspect a correction is coming. 2485 - 2504 gap needs to be filled. Get ready to exit all anytime, especially target 2600 is reaching. Those holding properties counter are the most vulnerable.

Enormous resistance:

Kepland 2.78
Capland 4.15

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