Riding the Waves

My last entry in this blog was in early May this year.  Before I continue with the current market situation, let me give you a summary of my trades in the Singapore stock market.

See the chart of the STI below.  The Red/Green triangles are my entries and exits.  I have been riding the waves in both directions.

• Closing my longs in early June, and then initiating my shorts.
• Closing my shorts in early July, and initiating longs.
• Closing my longs in early July, and initiating my shorts.

At the current moment, I have closed half my short positions.....and waiting for the green arrow.