I'm undecided. I feel there is a chance all that liquidity may still flow our way. By ourselves, being a small population with few retail investors, the tide is not strong enough.
I see the share buybacks and wonder if it is a profiting by management OR is it a preparation for something else.
If there is a drop, the STI 3380 level may be a good place to watch its indication of direction.
Sell in "May and Go away"may be likely now?
ReplyDeleteLook at the Green boxes.
STI is a very tired bull. Fundamentally it is not very strong as some of the components stocks performance is below bar.
ReplyDeleteThese underperform stocks outlook is uncertain. Some may turn blue-black chip.
Love your posts.
ReplyDeleteI'm undecided. I feel there is a chance all that liquidity may still flow our way. By ourselves, being a small population with few retail investors, the tide is not strong enough.
ReplyDeleteI see the share buybacks and wonder if it is a profiting by management OR is it a preparation for something else.
If there is a drop, the STI 3380 level may be a good place to watch its indication of direction.