Just a month back, STI was at it’s all time high. Barely a month later, the STI drops to a level that almost wipes out all the gain since Jan 2006.
My last post commented on this correction.
Straits Times Index
[more charts …]
Continue reading ‘Singapore Market May 29′
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The Recent Market Correction
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’
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