WILL STI HEAD TOWARD 3,000 AND BELOW? HEAR WHAT READERS SAY

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Dear readers, some days ago, I created a poll on Facebook and sought readers views as to whether the STI would head:

1) Towards 3,500 and more; or

2) Towards 3,000 and below

Of the readers who have responded to the polls, 55% chose the option that the STI would head towards 3,000 and below. To me, this percentage reflects exactly the situation of the STI now, which though has corrected somehow is clueless as to which direction it will take.

For me, my personal view is that the STI would likely head to 3,000 and below. And I would prefer the STI’s move to 3,000 be a decisive one since investors want clarity of the stocks markets.

Thank You to readers who have participated in the votes. Please stay tuned to the next SSI Facebook poll coming your way.
Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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