If you read the main page of ST today, there is a report which a director of the IMF said thatSingapore has a "exuberant stock market" rightnow and "rapid growth of debt as a percentageof the overall economy". Well, Yes, we are insuch a circumstance right now, but if you wereto ask your broker or remisier how's business?
Most of them will tell you that it is very quietfrom the retail investor side. It is only a very smallhandful of investors and traders in the market"playing" with the shares at the moment. Theremisiers themselves and the BBs are just playingrotational interests in the selected stocks, namelythose micro penny stocks that appear in the Top Volume regularly and those "in-the-news" stocks.With that, I don't believe we will see a major crashin the market in the short run, but ......