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Wednesday, May 4, 2011

Straits Times Index Hit 3110 Support

Straits Times Index dropped sharply today, led by the retracement of blue chips. STI dropped 44 points to 3109 now, hit its major resistance-turn-support level. HSI has dropped 388 points to 23242 and SSE has dropped 70points to 2861 now.

The correction maybe overdone.

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