Correction !!

[kiss]

We could be seeing stock market correction this quarter !!!

Let me be the 1st to boast my prediction !!! :o

 

[ahleebabasingaporethief]

Everyone is predicting the same thing; so I doubt it will happen.

It's already factored in. It will not be a self filling prophecy.

Give it another 3-4 quarters then we may see fireworks......southwards.
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[knowwhatyouwantinlife]

usually dollar yen is a good indicator for any upswings or downswings, however, with the euro in dodrums and people not knowing how to classify the RMB, it seems harder to predict the trend going forward...i feel there will be a correction of 20% (still waiting for STI to go below 2500, but dont think will happen) then maybe 2011 or 2012 july the big rally will come...the current trend is worrying becos fiscal and monetary stimulus is at its max but jobs are not being created...i think modern day companies are addicted to profits....always go for the worst hit and most boring (usually muslim country national stocks) but highest dividend paying stocks...e.g. BP with its oil spill, Neratel with biz in malaysia, maybank etc...