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Major correction on the way.
1. Full moon effect
2. Negation of capricorn effect
3. Fall of commodity prices (economic slowdown more than anticipated)
4.Tom Yam soup effect
5.STI is an ingredient of the tom yam soup due to involvement in shincorp.
6 Bull mania in world markets especially China and India
If you had heeded these warning signs you would not be clobbered in this market correction.
But usually common sense advice falls on deaf ears and greed takes over.
Major corrections do not spare any sector of the market which is unfortunately loaded with too many call warrants and too many out of the money put warrants-STI 2800 put and 3000 call warrants for example