STI fall

Posted an entry in my sch sun blog regarding STI index fall today.

http://sundayschoolz.blogspot.com/

Just had the urge to do that. Sincere heartfelt words.
On the secular side, if you ask me where is the STI heading, i believe that ask more and more companies realize that they have exposure to sub-prime mortgage loans, prices will continue to drop, more stringent acts will be in place, leading to more drops. Hence, look out for drops in the short term, but the fundamentals are realli good, especially for Singapore. En blocs, investments coming in, M & A happening etc. After the short term drop, buy on the correction and just leave it there for a year or two till it hits 4000 plus. And while leaving it there, remember, that "Man does not live on bread (or STI index) alone but on every word that comes from the mouth of God."

Btw, i passed my CFA I. =)