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Singapore Stock Market Updates On 10/11/11
SGX Warriors
Publish date: Thu, 10 Nov 2011, 10:26 AM
SGX Warriors
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Asia markets sink, as rising Italian borrowing costs wash fresh waves of anxiety about the euro-zone debt crisis over the region. Italy on the brink as bond yield tops 7%, a day after Silvio Berlusconi is effectively forced to commit to stepping down.
Singapore market gapped down and traded below 2800. Support level of 2750 and 2700 shall be viewed carefully. To sum it up, lookout for 2700 (important support)
For conservative investor, please stay sideline as market tends to be very choppy. We expect wild swings coming for the next few sessions as all eyes are looking at the development of euro crisis.
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CS Tan
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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....
