ALL CASH. AGAIN.

After riding the STI from 2591 to 2800, I am out. Almost all cash now.

Will I rush back in if STI breaks 3000? 

No.

Why?

Because I do not have a fear of missing out the action. 

Good luck. 

WHAT'S HAPPENING TO STI TODAY? 5 FEB 2016.

Nothing. 

Just an elevated pre-lunar new year short-covering by the various funds which had been shorting the STI happily in the past one month.

恭喜发财 everyone. May the Singapore bourse prosper on 初三!

P.S. Keep a lookout for non-farm payrolls tonight 9.30pm Singapore time.

ARE YOU BUYING NOW?

STI touched 2,581 points earlier today. That's about 1,000 points from one year highs of 3,549.

But what's worrisome is the velocity at which these levels were breached. Bloomberg compared Singapore's market loss for 2015 to Greece's. 15% loss it touted.

With year to date performance for 2016 so much more pitiful than Bloomberg's time-stamped article, we all now know where the hot money flowed into all this while. 

Our shores.

Buy where you'd ask?