STI had been dipping since morning. After reaching some sort of support zone, there wasn't seem to be any buy up or convincingly strong buyers to come supporting the market. In the near term, I am expecting more sellers and more sell down in the market which would create more fear for the overall general market. If STI continues it's sell down in this manner, the Singapore economy would look even more gloomy than 2008. Brace your job and don't lose it unless you have a skill or secondary income. Be on high alert now.
Ronald K - Market Psychologist - A Stock Market Opportunist
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