Expect the unexpected

Yesterday's trading session was a big surprise. The PSE index dropped by almost one percent. And now, it will further slide to its lowest point in the past two months. This is really depressing.

FYI. The relative strength index (RSI) of the PSE is now pegged at 28%. It means it's buying time. However, with the current trend and the forecast that US economy is not in its deepest point yet, maybe it's best to hold on to your money and wait for positive news.