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Friday, 6 December 2013
Market Forecast Update: 6 December 2013, Friday, 11.15pm Singapore Time
Market Forecast Update: 6 December 2013, Friday, 11.15pm Singapore Time
For those who do not know what is happening: there will be a continued sell-down next week. Open high and end low. This immediate term 1-2 day up as per warned yesterday on my Facebook Wall is an escape wave for you to run and for you to short.
Singapore stocks market may even open red, and if not open red, it will close red next Monday, irregardless of US action tonight.
Anything good such as job reports good is a catalyst to be interpreted by markets as more tapering ahead, and no more stimulus, and markets will just sell off suddenly again. Markets do not look at current point. Markets look ahead.
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