$STI(^STI.IN) (daily) – investors/traders or even chngkay putting money in the stock market is in the hope of making some extra $$ . . . If they cannot make $$ will they stay on??? . . .
Kopisoh said not sure whether you would call that a “mini-crash”? . . . STI had been dropping since April and dropping practically every day for the past week . . . still no end in sight . . .
For those who insist on trading it is best not to stand in the front-line . . . safer to hide behind some brave hero to let him block all the bullets and catch all the falling knives and flying daggers . . .
Failing which we may have to wait for senior chngkay to give us the green light before entering the market again . . .
Stock indices all over the world tend to move in tandem as economy of individual country is affecting each other and they are all guided by the same macro-cycle . . .
With the exception of NASDAQ and Germany most markets had seen their peaks in January this year . . . they are having difficulty moving back to the high for now . . . in fact many have already dropped below the neckline of a market-top to go into a downtrend . . .