19 Jun '12, 8pm

To buy or Not to buy? – ST Eng, Ezra, Kreuz

On a positive note, it is definitely clear that key market indicators are turning positive so far. The STI + HSI + Dow has already rallied some 5-10% from May/June’s lows over the last 1-2 weeks, giving suggestions that it could be some time for some bargain hunting. After all, valuations were badly hit over the last 2 months. Furthermore, most large cap stocks have been leading the rally, in a fine display of strength from the market. Here comes the dampener – Europe is still in deep trouble and Spain is a huge economy that must not fail. Greece is still stuck in a political deadlock that has resumed this persistent trouble that was brewing since 2008. Moving to the US, its economy is still sputtering while the fiscal cliff from Bush’s …

Full article: http://thefinance.sg/2012/06/20/to-buy-or-not-to-buy-st-e...

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