Singapore Stock Market Outlook – 16 Apr 2009
The Singapore stock market is too bullish and has moved faster than I like. This morning, the STI hit 1,947 before turning down and is now trading below today’s opening 1,933.
I think many of the index linked stocks are over bought and technical correction is imminent. So, it’s better to wait for the correction before buying more. Go take a long weekend!
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