Thursday, February 14, 2013

Straits Times Index (STI) hits 5 Year High

So the Straits Times Index (STI) has hit its 5 year high of 3,301 points. Of course, it still has not reached its peak in Oct 2007 of 3,805 points. Will we even see such dizzying heights for the Singapore stock market again.

Well, nobody really knows the answer for sure.  But with the US debt ceiling, Euro crisis and all other things that can happen along the way, one should continue to remain nimble.

A good question to ask yourself is this:  How much more gains can you make in this bull run?

Chart forSTRAITS TIMES INDEX (^STI)

2 comments:

  1. Bro. I have been waiting for 3 Years for the crisis to happen. Most financial advisors out there tell me that it is going to rally in the next 2-3 years. Thanks for letting me regain hope that the world markets is going to crash. I hate the markets I want it to crash.

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  2. Hi,

    I don't know when the next crisis will occur. But the stock market has risen quite a fair bit and is now in its bull cycle. Will it go higher? Perhaps. But to me, cash is perhaps where I want to be right now. The opportunities to make 50% gains are few (or I can't seem to find them).

    Will just sit on the sidelines and see what happens. It will probably be a long - long wait.

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