Sold off a considerable number of counters yesterday and this morning. It seemed that the market has started a correction as the STI plunged back to around 2600. It's a good thing I've decided to cash out on several counters to recoup some capital for the next uptrend. Perhaps an index of 2550 would warrant a re-entry into the market, this time focusing on certain sectors like technology.
Had some 'excitement' in the US market last night, where stocks were on a rally. Managed to capitalize a little on the wide and crazy fluctuations of Amercian Axle and Manufacturing and did some day trading.
Perhaps one could pay some attention to Citigroup tonight.
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