Many will be very sure of that too.

Got say no say no difference leh.

A matter of time STI will reach 5000...a matter of time only...hehe

shd have bought long before other, when it was so quiet...more profit..i call more than a wk ago

Most stocks are already fully valued at fair value. There is no more incentive for bargain buys now. Last year October to this year April was the best time period to capture undervalued stocks from good companies. So, those investors who have bought into undervalued shares of good companies in their portfolio over that period, and now have sold off may not get such bargain prices revisiting them again in future. As mentioned by many, that period was a rare period of significant stock price retreat ever since world war two. So, those investors who did not invest at such low bargain prices (due to fear) or have already sold off their shares recently for a one-time gain, may not be able to buy back at such low valuations a long time into the future. 

Investors may have got their fair share of good profits from recent rally if they have sold off their shares. However, this is the only much they can get. It is always the patient long term investors who will eventually reap the greater rewards by compounding their returns from their undervalued shares. Just observe good companies around (e.g. Wilmar International, Singapore banks, Keppel Corp, Great Eastern Holdings). The early investors who still have shares bought at low levels in such companies are already sitting on good compounding returns ever since they bought into shares of these companies which have increased over many folds in capital gains and dividends payout. This compounding effect is even more pronounced if the investor has huge amounts of shares already bought at low levels. It is the later investors who bought in at higher levels that may not get as good compounding returns compared to those that bought in earlier at lower levels.

Good companies can grow and compound one's returns significantly over a period of time. If such good companies have chance to be traded at undervalued levels again, it is unmistakeably a rare opportunity not to be missed for buying their shares. That was October last year to April this year. Now, it is extremely difficult to get such bargains again. So, there are not many worthy businesses of investing value at undervalued prices now. However, if prices are also not extremely overvalued based on current market valuation, one may still invest though at less attractive prices now than before.

Will March lows be revisited again? No one has the answer. However, if the stock train stops miraculously again at March lows, make sure one don't miss the train again (due to fear overshadowing rational decision making).