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The stock market is likely to continue its uptrend next week. It is because Greece has a high possibility to win the 2nd round of voting next Tuesday. But the winning does not mean a permanent resolution of the debt issues. Instead, it is just a way to ease TEMPORARILY. While expecting the STI to go up in the 2nd half of this year, we need to trade very carefully. If the stock falls in a consecutive 3 days, it is better to sell it quickly to make a little profit.

It is NOT the right time to enter & accumulate good stocks now. Because we do not know the lowest lows that the stock will decline. It has to depend on the situation of Greece and US economic recovery, which may lead to another crisis or recession ahead.

The bear market will be on our way if Greek declares bankruptcy and US is still weak in their economic recovery.

So does my portfolio. Singapore stock market is very quiet, not as attractive as New York's and Hong Kong's. Very disappointed !!!!!

It doesn't look like a Symmetrical Triangle. It is more like a "Flag" pattern. STI will turn bullish in the middle of July. Hope my positive outlook would be proved correct.