The benchmark Straits Times Index
dropped an incredible 127 points and fell 4.3% on Monday 24 August 2015, its biggest one day drop for close to 7 years. And looking at how the market is performing today (at the time of writing), it could be a matter of time before we break below the 2,800 mark?
I think after the massive volatility and market declines in the past few weeks, I would not be surprised if some investors are left looking like this:
I really wonder how these gifs are made. Can a cat really behave like that?
At the same time, I also know that a great many investors (including some bloggers) are hoping for a market crash that resembles the Asian Financial Crisis or even the Great Financial Crisis. That were two occasions when the market declined by ~60% from their previous peak.
As for me, I ...
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