Just For Laugh ...
Major STI data points since 1990
STI is down only
-4.7% from its recent high of 3,026. Technically, STI is not in the Bear market yet.
Recently, I have been receiving a few email from readers asking for advice like:
- To cut loss now???
- To average down at support levels???
These are two tough questions to answer. Why?
Read? Stop loss?
Read? Average down?
Do we ask our barber whether we need hair-cut?
Another question not so tough to answer. Is STI going down further???
See for yourself! The above table.
I can only help by showing you the STI past history of Peak to Low days. Currently, it is only 58 days from its recent peak of 3,026.
More days to go?????
How many more days before STI will rebound back to the next peak?
Do you own intelligent guess by looking back at history?
......