Friday, 11 January 2008

DOW vs STI






DOW has recovered +2% from its latest low at 12,589 on 8 Jan 08 while STI was at its latest new low 3,323 yesterday, 10 Jan 08.

I believe STI should recover aggressively today.

As of yesterday, DOW is -9.3% from its last high, and STI is -14.3%, so it means that STI has more room to catch up with DOW.

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