Wednesday 26 March 2008

Prophesy fulfilled?

The STI closed just 4.97 points today after opening lower by 13 points. This fulfills my expectations of it, for now. It has been a rather boring day considering the narrow variance and intra-day fluctuation.

The market dipped and rallied higher after trading hours fueling my expectation of it opening at about the same point as it closed tomorrow morning. I expect that tomorrow will be another small black candle. I hold my stance on the current situation as I did yesterday.

In order to make this website more interesting and informative, I shall soon extend my market watch to cover industries and even specific counters. Capabilities will be added gradually as I have more time and resources.

No comments: