I have time to go through the charts of STI and other Singapore stocks like Sakari, Noble, Breadtalk etc... and they are all trending up after hitting a bottom (see charts below)
Yeah, you may be wondering if all the Euro crisis or China under-performance will drag down the markets again.. but as i said in my previous blog post; the worst is already priced in, and it can only get better with all the leaders doing something about it (specifics which i don't really care).
Thus, i believe we can capture some gains now just like January rally... :)
Hope you like my post and can do me a favour by "Like"-ing my facebook page at www.facebook.com/kissinvesting. Thanks & HUAT AH!
Agree until another crisis moment comes again from the Euro zone or elsewhere.
ReplyDeleteI will wait till Oct to get a better picture.
Now till Oct is usually the favourite period for things to blow up.
Hi,
ReplyDeleteThanks for your comment :)
Hope everything goes smoothly from now on!
Cheers,
Kiss Investor
Yes, I do agree with you. Yes, there is requirement of technical analysis beside fundamental analysis because now a day’s marketing condition is so tough.And of course one who does not experience personal loss and reach to the bottom as u shown in the graph cannot internalize the feeling that would prevent action. But graph show that after a lousy decade for stocks, the future looks far brighter. I appreciate your graph! Thanks...
ReplyDeleteThanks for your comment! :)
Delete