Let us review how Singapore stocks fare in the year of the water snake in year 2013. First of all, let us look at what was predicted at the beginning of the year of the water snake.
According to astrologers and Fengshui practitioners, they have predicted that the Water Snake year of 2013 was not a good year for the Singapore stocks markets. How did they arrive at this conclusion? From some of the literature which I have read, some of these astrologer experts have done some kind of reference (yeah, in our technical analysis of stocks, we also do some referencing and back-testing, don’t we?).
These astrologers and Fengshui experts have extrapolated those events which have occurred in previous Snake years before like the stock market plunge leading to the Great Depression, the Japanese attack on Pearl Harbour (1941), the Tiananmen crackdown and the US 911 crisis to ......