Isolator,

The moment I wanted to reply my sifu 师傅...then I'm awake. :)

She probably knew what I need to do next....

Isolator      ( Date: 19-Jul-2010 09:22) Posted: Your sifu never tell you how long u need to wait.... lol...

Accumulated some today and going more tomorrow (if people still fear throwing). Market now is having correction and if STI break through resistance 2960 and above, perhaps we will see some mid/small-cap counter soaring.

Trade with caution and DYODD.

Zhiwei      ( Date: 19-Jul-2010 00:18) Posted: Today, My sifu 师傅 came to talk to me and ask me to buy on Monday when some peoples are fear to throw. I believe him 90%. The moment I wanted to reply him.........then I'm awake.

one stone kill 2 birds?? which bird?

is this related to Singapore low fertility rate?

soon, probably animal protection need to step in...

Restructuring S’pore a work in progress

Making economic growth more broad-based a key challenge

Letter from Chong Lee Ming

THE Singapore economy grew by more than 25 per cent in the first half of this year compared to the second half of last year.

An ordinary person would notice a profound change if his income grew at this rate over such a short time.

But it appears many Singaporeans have not felt the impact of such heady growth.

The answer probably lies in the structure of the Singapore economy, whose economic statistics are compiled mainly based on output-ased indicators.

In this regard, the strong growth in output levels could be largely driven by a small group of electronics and pharmaceutical multinationals, as well as international financial institutions.

Beyond a certain level, these companies’ increase in output could have little impact on the rest of the economy.

For example, a pharmaceutical company could run its production line 24 hours a day today as compared to 18 hours previously without increasing headcount, yet register a 33-per-cent increase in output.

Similarly, a financial institution could double the value of its portfolio under management with little increase in headcount.

Nevertheless, this does not mean that Singapore’s economic statistics are not sound, or any less indicative of the economic realities than the demand-based approach used by countries such as the United States.

There are still substantial economic benefits when multinationals invest in new capacities; and strong headline numbers trigger optimism and drive consumer demand, which affects the wider economy.

Even so, there are two key challenges facing Singapore today.

Firstly, how to restructure the economy so that growth is more broad-based and less likely to be skewed by a small group of companies?

Secondly, how to help low-income workers so that they will not feel increasingly out-of-sync with the headline economic numbers that are reported?

The restructuring of Singapore, in short, is a work in progress.

Oh, Ya. Sorry was reading 16 Jul data. 

That's what I said, Market did Not Crash.

1) Nikkei ---> Market did not open today...
2) Market will experience some correction .... Not crash ...

The market did not crash.

However, Asia markets are quite caution. Except for Nikkei, there is not much movement.

Anyway, STI is already in the overbrought region and any rally would be limited.

From now on, we have to be very selective in what we Buy and we must be prepared for the down turn.

Your best bet is to Buy undervalued Mid-Cap and Small-Cap stocks; and prepare to short the overvalued Blue Chips.

I'm waiting to see how Europe and US performance later of the day. They would determine the move for the week.

This is my personal opinion, you invest at your own risk.

Good luck.