Monthly Archive for May, 2006

The market correction over the past 3 weeks has got many people worried, myself included.

The question is, “Is there a cause for worries?”

Nowaday I hardly look at the market. With my business going on and my online projects, I’m thankful if I get to look at the charts and read the news on weekend.

Let’s take a quick look at the market. In my next post, you will see the STI charts and have a clearer picture.

The Singapore market (and generally many other markets worldwide) had been enjoying a sustained rally for the past 3 years. Conventional wisdom tells us that what goes up will come down, in what is known as correction.

So is the current correction a typical one or a sign of things to come?

Continue reading ‘The Recent Market Correction’