Dear Friends,
A Million dollar question in the mind of many singaporeans is when will STI drop stop.
I am looking in this region, 3000-3050 as the support of STI.
If STI is in this region, I would be going in to pick up some stocks to test the water! If it goes up, I would accumulate somemore.
If STI drops further to 2950, I would add on my positions!
I think 2950 might be the lowest point should it drop there. Would update more on our views of STI.
Rgds
Daniel