Dear readers, the Singapore stocks Straits Times Index STI went south to 2,311 yesterday! As per my sharing with readers in recent posts, my thinking is that the Straits Times Index STI should settle for an immediate support at below 2,500 say 2,400. But yesterday’s showing of the STI means that the Singapore stocks markets is indeed bearish! Slightly more bearish that what I would have thought!
This is a time to leave the markets to the bears, to the short-sellers and avoid speculation and short-sellers buying.
This is a time to just simply wait for the stocks markets to reach its bottom-most.
So that we could become Kings when there are no longer that many buyers on the stocks markets and begin our buying of good stocks at great prices!
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