dchua1969
Panjang

Expect pullback in Jan 2018

INDEX:STI   Indeks STI
STI             has reached the critical price zone of 3465 , hitting the right shoulder pattern. With the crossover of MACD soon, I expect the market to turn soft a little next month with some pull back in price action before we see another surge later. Buy on weakness.
http://www.businesstimes.com.sg/government-economy/singapore-economy-grows-35-in-2017-more-than-double-initial-forecasts-pm-lee
Komen: http://www.businesstimes.com.sg/stocks/singapore-shares-surge-past-3500-point-mark
Komen: nice. it has hit the peak like the price in april 2015. I am going to take some profits this week in view of possible retracement soon. Always leave room for others to make money at the top. They deserve it for holding more risks than you do, so nothing to be jealous about. Take your share with what you are comfortable with, that way it is a fair game for all.
Komen: wow, it pierce through the resistance line without batting an eyelid. It did not retrace like I expected.

It's like you know the pullback is coming but you don't know when. Does the January effect loses its appeal ?
Komen: nice pullback finally after waiting for so long........this healthy correction is for buying
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