The Singapore stockmarket perform well every 6 years. It reached a peak in 1994, 2000 and 2006.
It dipped in 1996 (Asian Financial crisis) and 2002 (corporate scandals), ie about 2 years after reaching its high point. Will it crash in 2008?
I observe that the markets moved up to a very high level when the foreign funds move in. After making the profit, the foreign funds take profit and moved out. This caused the market to fall significantly.
Be careful. Watch out for the outflow of the foreign funds.
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