The stock market is so unpredictable.

    When people buy, it goes down.

        When people sell, it goes up.

             It is not so easy to play.

               But if one treats it as simply betting (like in a casino),

                   then one will never be very dissppointed... 

STI down 0.4% at 3,145.84, tad off lows but unlikely to regain positive ground as regional bourses down sharply, hit by China tightening jitters.

UOB KayHian reiterates neutral stance on STI, expects to see possible correction moving ahead; says technicals remain bearish, with 3,118 support, then 3,040.

But on long-term view, CIMB economist Song Seng Wun says China tightening better sooner rather than later.

“It’s about allowing the train to just move at a more manageable pace, not run ahead...tightening at the early part of the cycle basically means there is still growth going forward, therefore earnings are still being supported by growth, rather than tightening at the latter part which means chances of a much sharper slowdown in growth and earnings.”

853 million shares traded worth $1.51 billion; only six STI stocks positive, including OCBC (O39.SG), DBS (D05.SG). Keppel (BN4.SG), Golden Agri (E5H.SG) both down 2.0%. 

 

 

The main frustration of following the Para SAR indicator

    is the frequent whipsaws which can whack the daylights out of many.

       But then what can one expect from a lag-based indicator,

            which 99% of indicators are... 

              But once a trend (up or down) establised, the Parabolic SAR is geat... 

It depend on whether you invest in an uptrend or a downtrend...

     both are good investment opportunities...