Dear readers, the Singapore stocks markets, after experiencing some correction seem to have found support. The STI ETF, an ETF which tracks the broader Singapore stocks markets bounced off its 100-Days-Moving Average which seems to be a good support for the STI.

The recent stocks markets corrections have been described as a “healthy correction” by some while some analysts said this may be the signal for possible more corrections to come. The thesis of the latter camp is based on the fact that debt around the world have been accumulating to solve the fallouts from the previous financial crisis and that one day, the real cause of the financial mess of the world has to be solved in the most practical manner: that of the world stocks markets reflecting the reality which has been masked by money printing and more money printing.

Singapore is a price taker where it comes …