July 10, 2007

STI Index - An update

A few days ago, I mentioned that I expect the STI index to trade higher and "kiss" the uptrend line before it turn lower.

The STI is now at such juncture. Will it play out exactly to my script? Let's wait and see. Nevertheless, investors should be caution at this stage of the rally.

Investment is a game of chance, and if the odds is against you or not in your favor, why take the risk?