US Market Sentiment
Short Term - Bullish
Long Term - Bullish
Highlight for this month will be German Election on 22 Sept 2013.
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SG Market Sentiment - Bearish
STI rebounded +2.4 % last week.
Support level 2950 ~ 3000
Resistance level 3300~3350 & 3400~3450
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For the month of September, S&P 500 have rebounded +3.4% and STI rebounded +3%.
Just 3 weeks ago, a lot of my friends were asking about:
Will Syria cause a stock market crash, I replied "NO".
Big Boys will make use of this NEWS to create fear in the market and causes panic selling. And they will buy them back cheap from the market.
So which one are you?
1) You sold because you are scared or
2) You bought because you see this as an opportunity or
3) You don't know what to do
"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" - Warren Buffett
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