Thursday, 28 July 2011

Singapore Stock Technical Chart Analysis: STI index - Be Wary Of

                                                   
Most planetary capital mart started 2011 with a charge with our own STI Forefinger ascending many than 45 points yesterday.  Cypher overmuch has actually denaturised....since my Septembr to October 2010 strategy.
 
  In tha strategy, I saw the STI Index hitting 3300 to 3500 before the end of 2010 fuelled by the liquidity from QE2.   I also noted that stocks were one of the cheapest quality classes with umteen inventory markets trading at the low end of their PE ranges.  So I continued to be bullish on stocks but saw the QE2 collect peaking sometime in Q2-2011....active six to nine months from QE2 was alluded to and shorter than the xii period recuperate of QE1.

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