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Last week was painful for many investors especially if you were trying to trade the market or were leveraged as you may have had margin calls. The table below gives a snap shot of what happened to our STI Index and some component stocks. You will notice exceptional weakness in commodity related stocks such as Wilmar, Noble and Olam on specific cocerns such as alleged tax evasion to the imposition of taxes on excessive profits for commodity companies. If we survived 2008 and 2009, this weakness is not new so don’t panic. Read more…