Monday, March 14, 2011

STI update

The Japan earthquake had thrown Nikkei 5% down on the first day of trading this week. Many Japanese had lost their homes and loved ones. I hope that they will recover from this devastating natural disaster soon.

Back to trading in Singapore market, the earthquake have not yet hit STI to a new low. A lot of counters had turned into a buying state. I am waiting for the bears to try harder to bring the index down to 3000. In this way, it will test the buying signal of various counters. Till then, i will post the counters that hold well and most likely to move up.

Let's wait patiently and see how the bears react.

No comments:

Post a Comment