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2 comment(s). Last comment by Bullmarket 2011-06-16 13:45
Posted by Bullmarket > 2011-06-16 13:45 | Report Abuse
Property price in Singapore, HK, China are at all time high and if this market can go further up property can too but do you think so??
China inflation is hitting all time high people spending power is greatly reduced. US and Europe debt issues will always prevent market from moving up. The only way market can go up is increase debt ceiling and implement QE3. But QE will cause house price to further up, food price up, COE hitting $100k and finally doomday.
No result.
1
THE SINGAPOREAN INVESTOR
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2
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CEO Morning Brief
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sukiyaki
6 posts
Posted by Sukiyaki > 2011-06-13 13:37 | Report Abuse
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.