Up and down of SPH

2 days before the announcement of FY05 result, market reacted with a rally of 18 cents, in anticipation of high dividend. Today, the Queen has her vengeance by taking away 2 cents more than what she gave. Many fortunes were found and lost in a mere 2 days. She cames, did not get what she wanted; evaporated so quickly that many were staring unbelievely at the speed of decline. Thus forgetting the profit taking opportunity. All said and done, let's move on!
From the TA chart, the top shadow black candle confirming with the turned -ve CMF is certainly bearish.