Dun think we can hold the 1800 level.

Any stocks will be cheaper tomorrow.

Blastoff      ( Date: 23-Oct-2008 07:33) Posted: DOW down again by 514 points! Will STI follow suit or reverse the trend?

You are on the right track... :)

Buy only when the meat is gone...
And only when the bones are dry... (but maybe that will take some time yet)..

And then hold for a couple or more years hence... that's true investment. 

The concept of isolation is no more valid in today's world.

By the way, it's been such a joy to read Dr Tony Tan's articles.

And the man  is capable of many a near-prophetic view of things.  ...

JJ,

I've yet to calculate beyond 1692. My personal practice is to look at +/-200 pts from present levels (I did the b/m calculations while STI was ~1900) for the potential projections because anything beyond that, really not much point to project (too many global variables, plus other short-term supports/resistances will come into play). Then again, now that STI has made yet another new low, might be really interesting to see where it goes tomorrow.

'Magically' STI tested 1813 with a day low of 1809 today b4 closing at 1821. I've got a weird 'feeling' that somehow, it will actually be green tomorrow. Check out the trading volume today. But do note it's still way too early to call for recovery.

Caveat emptor pls.

true..... i think STI will drop shit later, Nikkei drop to 6%. now... I would expect STI dropping a lot more later , let's watch.