SgTraderClub Weekly Stocks Updates: Straits Times Index

Wednesday, May 25, 2011

Straits Times Index

Straits Times Index is breaking down its important psychological level 3100, it's now 3099 as I'm writing this. The market may have a last push down, and it may scare a way weak holders before it rebounds. Anyway, I would prefer to stay aside for the the time being to wait for clear signals. I know what to watch out.

Will update you soon.

No comments:

Subscribe to: Post Comments (Atom)

Disclaimer

SgTraderClub is a personal blog written by Fan Jun. Everything published here — including versions shared on LinkedIn, investSG.com, or other platforms — is general market commentary and my own opinion. It is not investment advice, not a research report, and not an offer or recommendation to buy or sell any security. It does not take account of your objectives, financial situation or particular needs.

I am a Trading Representative of Maybank Securities Pte Ltd. Views expressed here are mine alone and do not represent the views of Maybank Securities Pte Ltd or the Maybank group. I may hold positions in securities mentioned.

Trading and investing carry risk, including the loss of your entire capital. Past performance is not indicative of future results. Please seek advice from a licensed financial adviser regarding the suitability of any product before you invest. Historical posts on this blog reflect conditions at the time of writing and are not updated.

I never solicit trades, payments, or account details through private messages, chats, or unofficial channels. If you're contacted by anyone claiming to be me or representing SgTraderClub asking for money or account access, please do not respond and report it.