Sunday, November 04, 2007

Another "down" day for the SGX

Well....this is to be expected esp with the markets around the world are at their "highs" and with oil and resources at the all-time "high" too.

Even at the "mirco level" eg at our market and neigbhourhood shops, almost everything have gone up. For the general public, the situation is worst off than
before. Like myself....got a 3% increase in pay but look around, GST went up by
another 2%, the petrol price increase, then everything went up even at NTUC supermarkets. Our money has lost the actual value faster then we can earn more.

With...the above, believed this is happening all over the world. No place is spared.
Frankly I really pity those who are counting their $ and cents. This is really "shit" time for them.

Oh...back to SGX, yes! the market will drop for the next few days too. How much will it drop, no one can really tell. So...it is best, to stay out of the market and watch it from far. Only when there is a 10% correction...then it is time to come and camp "monitor" the price movement.

Yes....there are a few "good" stocks to focus on.

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.