When Will STI Peak?

Abstract

There have been numerous articles and reports describing different cyclical patterns according to the historical data and charts, as well as predictions about future movements of stock prices in the guidance of the realized cycles. Presently, cycle in Singapore stock market is a hot topic with some experts in this area predicting that the STI will peak in 2006, while there have been some other Investment Guru(s) who suggests that the Singapore stock market follows a 14-year cycle, taking on alternatively 7-year bull and 7-year bear runs in the market. According to the 14-year cycle theory, the Singapore stock market is now at the third year of the 7-year Bull Run, which will lead to a peak for STI in year 2008. Will STI peak in 2006 or 2008? This article gives readers our point of view.