![](https://i.imgur.com/CLvY2jA.png")
16-10-2021, 05:50 AM
On 23 March 2020 I purchased the STI ETF for the first time in my investment journey.
The STI is now poise to break out of its trading range and head for the 2007 highs in coming months.
Why? Here are some of the reasons
1. Interest rate now is lower than in 2007...
2. Property prices have reached new highs and property developer stocks are now at bargain basement will soon announce record profits
3. Energy, off shore activity is ramping up.
4. As travel ramps up hospitality related stocks recover.
5. Singapore market has been under invested by international money...but hot markets like US and Nasdaq are getting too hot so money will flow to the east Asia where stocks are cheap.
6. Many stocks on the STI index shows a technical uptrend that is ready for more upside.
![[Image: YqfYyYO.png]](https://i.imgur.com/YqfYyYO.png)
The STI is now poise to break out of its trading range and head for the 2007 highs in coming months.
Why? Here are some of the reasons
1. Interest rate now is lower than in 2007...
2. Property prices have reached new highs and property developer stocks are now at bargain basement will soon announce record profits
3. Energy, off shore activity is ramping up.
4. As travel ramps up hospitality related stocks recover.
5. Singapore market has been under invested by international money...but hot markets like US and Nasdaq are getting too hot so money will flow to the east Asia where stocks are cheap.
6. Many stocks on the STI index shows a technical uptrend that is ready for more upside.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
