Wednesday, 5 June 2013

Dividend Chaser on STI outlook

(Personal Sharing)

Saw this from someone's blog. Not sure true or not.

1) If STI does not rise back above 3300 in 5 days, avoid trying to buy the market bottom.

2) If STI does drop to 3000-3100 in the next few months, please start to accumulate! This is what I called MAKING HUGH MONEY! You dont get rich by buying at 3450. Buy at 3000-3100 if it reaches!

3) STI does have a short term support at 3150 should it reach. Let us see what happens in the US market then.

4) STI has a chance to rebound above 3300 this week IF US's non farm payroll report is great, or else I do not see any stimulus for STI this week.

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