Time Out

On the surface of it, STI looks good. But what actually happen only those who followed closely will know. China Stocks up in the morning and again losing its steam in the afternoon. So I’ve to go along. Piled up China Stock in the morning and disposed all in the afternoon with some profit. I see the Tech share like Chartered and StatsChip went up too fast to enter trade. I also tried the Federal (oil related) but went out when it also mellowed within the day. With commotions in Taiwan that angered China and tomorrow is Friday, a day in which most retail traders would avoid going long, it is better to stay on the sideline.