What should we do NOW? This is the distribution or ILLUSION phase of the market and then mark down or DESCENT. After mid-end of the descent stage promising shares price movement might be STABLE. That would be the starting time for COLLECTION of those shares. NOW SELECT 2-3 FUNDAMENTAL shares from top 4-6 sectors, and WATCH the price and volume movements of selected shares compare to last 3 months . Special attention should be put on SUPPORT and RESISTANCE level, thats the tricky issue of the descent stage. You may give preference on your holding fundamental shares to select shares, though they are fundamentally not the best.
Posted on: Sat, 25 Oct 2014 09:19:56 +0000
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