Push Up Bra

Good afternoon babes n hunks,

felt bullish in the morning? went shopping becos stocks seems to be running nicely? If you are 1 of them who got trap, this is called the Push-Up-Bra, or in short PUB technique.

How is this done? PUB is executed by a group of players. They push the price up, usually a group of counters, to establish a rally look alike. This method is common in a weak market and usually in the morning. Price is pushed up until new players keep coming in and old players feel rich enough to add to their positions, just like what a push-up-bra does, provide comfort and confidence. Up till a certain point, this group will start distributing their shares, which means selling to you as you buy.

When the time is up, like when HSI starts to turn just the way they expected, they will create a panic by throwing out all their holdings. Just like how a push-up-bra suddenly loses its elasticity. Players will either turn into an investor or join the panic and throw at a loss. Feeling trapped? Loss? Wander y u always buy at the high? Reason? Push up bras are created by man for their own benefit, they come at a price.

ok, the last sentence is crap.

nikkei managed to close in the positive region after a mixed day. Short n mid term remain bearish.

HSI still positive but falling since the morning gap up. Support @ 27150.

STI going into the -ve region. support @ 3330.

Both index likely to remin mixed to bearish for the day. Short n mid term bearish, so remain cautious.

Given the many extensive pull backs in many counters after a recent run up, i doubt the rally will continue anytime soon.

Cheers...Heiwa