In a chilling article posted on 9 January 2016, local finance blogger, Dave, predicted in his website Smart Passive Cash Flow that STI will plunge to 1800 points in early 2016. As of now, STI is at the 2600 level, so to reach 1800 within a couple of months would constitute a huge correction in the local stock market. To back up his claim, Dave highlighted that he had accurately predicted the August plunge last year in his 22 June blog article. Catch him in action at here. Dave was able to spot the market trends because the big boys, the so called whales, had taken positions which was spotted by Dave. Most investors, including local finance bloggers, tend to underestimate the power of the whales. What they don’t realize that it is very easy for the big boys to influence the market. Take the STI for example. It ...