Previous trading day has reminded me again how important is it to understand money psychology (for my notes):

- Retail was very much in euphoria while awaiting for MSCI index announcement, and although PTRO, CUAN, DSSA were the notable conglomerate stocks whose price sky-rocketed, their price trajectory on that day was more different than ever.

- For PP stocks, we know that retail participation is extremely high. And yeah, if there is retail, phenomenas such as sell-on news is very possible. Guess what? PTRO and CUAN opened as gap up to over 20% increase before closing at only a 10% increase. Bought at the top? Goodbye to your money..

- DSSA? Retail attention here is very low. Why? Price of this stock is crazy high. It gapped up directly to ARA, had fluctuations of around 2-3% downside, before closing yet again at 20% ARA.

- PP and Sinarmas stocks are good, but we need to understand that if we buy stocks at the wrong time, at times of FOMO, there will be market participants who will take opportunity of this chance to sell at the very top of the euphoria.

- And to be honest, in technical analysis now, PP stocks are in a downtrend still, while it is different for DSSA, so if I were to choose, definitely will be looking at a good time for entry to this stock.

- I believe that MSCI announcement yesterday will give at least short to mid term positive sentiment for conglomerate stocks. This can be our chance to buy these stocks at a cheap (or wait for rebound confirmation) because I think that their prices will continue to rise in the future.

$DSSA $CUAN $PTRO