Archive for sti
You are browsing the archives of sti.
Analyst Reports 14 – STI Soared!
STI gapped up a whooping 5% again since a couple of weeks ago after the CNY holidays. DOW is on a slow increase too. The recovery is due to oversold levels. But I’m watching for it to continue the downtrend. Markets are horribly volatile. Excellent for traders, terrible for investors. Sometimes, i just wish i [...]
Markets Hemorrhage
Today is a day of reckoning for most markets. The key trigger factor is the fall of Lehman brothers as they file for bankruptcy protection. Even Merrill Lynch is suspected to go down the same paths. I smell shorts ready to fire. For Singapore’s Straits Times index, 2 major things happened. The 2500 level is [...]
