My Time

Monday, October 8, 2007

PF

My opinion is we should have a smooth ride all the way until the end of the year.....
Dow surge, STI to accelerate.

We have reached a point that most investors are convinced that the bull is back. In the coming days, the STI will break 4000, you shouldn't be surprised by this, we are only doing what Hong Kong did 2-3 weeks ago. If you see the HSI, it has rising by more than its fall in Aug.
By the same token, we should expect the STI to be able to break 4100...and this acceleration will continue until it reaches a final peak.

Like I said this will be the LAST BIG ONE.

This is an early sign but will not be the focus for the coming weeks and will not have an impact on the market until later.
You have to watch this - inflationary pressures are building up world wide not just Singapore. At some point the focus of the market will switch to inflation. It is important to keep watching this because it will mark the end of this major bull market.

No comments: