Friday, October 24, 2008

Gut Feeling

The STI is 1591 as on now, 4.56pm.

I got a feeling that if the closing value is around the same. The should be a technical rebound either on Monday or Tuesday. This is because the drop is really too large, it falls outside the bollinger band.

So lets paper trade, lets say we buy an STI call warrant as of now , 4.55pm
STI 1800BNPeCW090330 at 0.245 ( which is the selling price)

we will check our profit again on Monday and Tuesday.

*Disclaimer : What ever appears on the blog is for your own reference only. It is not an investment/trading advice. It is always best to consult your personal financial adviser before parting with your money.

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