A month ago, I wrote about how one should not be too tempted by a stock’s 52-week low prices because I foresaw that markets would continue to fall, and advised readers to focus on getting their fundamentals right first before jumping in.

However, I got a few criticisms from some readers, all of which could be summarized into:

“Who does she think she is? As if she can foretell the market!”

“Rather than trying to time the market, I will buy at low prices, which includes when a stock price touches its 52-week low.”

Quite a number of investors were going in after the STI recovered from its “bear” levels of 2800+ and broke resistance at 3000 points again.

Well, let’s just say that the stock market’s performance this week clearly shows that the worse is yet to come.

Rickmers Maritime┬áhave declared that they will be …