Market Review and Trends
STI down 3.6% on heavy selling! Be fearful? Get ready and be greedy!
By A Singaporean Stockmarket Investor (ASSI)  •  August 5, 2011
Today, almost all of the counters in my watchlist registered a loss. Almost? Yes, although none of the counters registered an increase in share price, one counter closed unchanged. That honour goes to AIMS AMP Capital Industrial REIT.  This demonstrates the relative resilience of the REIT's unit price. Given the bloodbath seen in the stock market today, this is impressive.
The action in the stock market was so exciting that I actually wrote two blog posts in the late morning today. There was a lot of fear to the point of being petrifying. However, if we have already planned for a scenario like this, just execute the plan and there is really nothing to fear.  What? Nothing to fear? Yes, why fear opportunities to collect on the cheap? In my opinion, the only people who would fear a sharp decline in the stock market are people who are fully invested ......
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By A Singaporean Stockmarket Investor (ASSI)
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