Tuesday, December 18, 2007

Master Lim Analysis

Late Jan to early Feb 2008 - market move to 3850, due to good whole year report of 2007 result - workers receive bouns and pay rise
Late Feb 2008 - Market move down, workers spend all money, result over
May 2008- market still down
July 2008 -market dive, report result no good for 1q 2008, US banks write off losses
Sept 2008 -US market recover thanks to restructuring of banks, STI move to 4000
Nov 2008 - market move back to 3300

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