Recap on End of Oct2014
It has been quite a month for the equities market....bloodshed and massacre. In general, what I observed is that long positions that was build for the last 7-8 months had lost almost all their gains during this month. . It is even worse for market like the Singapore market where volume has been dishearteningly very low for the last 10 months. With the SGX implementing new changes and some changes that had already taken place to spur more trading activities to no avail. I think we had noticed the impact of the lackluster trading activities since the ABL saga. Furthermore, some of the implementations were definitely not welcome to a lot of "stockist" In anyway, I am not here to talk about the SGX rules and regulations. I am here to share with all of you on capitalizing the weak market structure and activities of the SGX. Aforementioned, ezra, ezion and some second liner stocks were not spared from the recent bloodbath. In addition the reasons I mentioned earlier, I think the...