SG Market

If we are going to reverse, we need to break 3200 with volume and gusto. STI is relentless pushing up hard and fast, mimicking our good brother Hang Seng.

I believe there are some can of worms that have yet to be open in this credit crisis. Perhaps, a 75 basis point cut will let the market breathe abit but i dun think the worse if over.

I dun think 3 months of rut can be resolve with a 2 day 300 pts move. I am a bull and like vibrant market but the odds seems to stack against this tired 10 year bull. Maybe it is time, maybe it is not.

Only time will tell, invest and trade safely.