Market Review and Trends
STI Analysis — the next peak and trough ? (II)
By ccloh Strategic Investor Zone  •  January 14, 2018
Managed to get a STI chart that started from 1980 so the missing portion from 1980 to 1987 in my previous analysis (STI Analysis -- the next peak and trough ?) can now fit in to make a better analysis. Previously, with only chart started from 1987 and given that 1987 was the big market crash, the famous Black Monday, my assumption was that was the bottom of an Elliott Wave cycle.  Now with chart data started from 1980, it was observed that the 1986 low, the market low after the 1985 recession, was even lower than 1987 low.  Coupling with the fact that the 1982 low was higher than 1986 low, it pretty much look like the Elliott Wave cycle trough was 1986 instead of 1987.  Despite that, the Elliott Wave count still remain the same except wave 1 is 1987 instead of 1989 and ......
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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