US thumbs down bank rescue plan
DOW is down by 381 points. The bank led the blood shed and I guess the asian market is likely to follow suit.
STI is likely to open low as investors starts to worry. I am sure there will be some sell down for some counters as investors panic.
I remain pretty optimistic about the situation.
Start collecting good stocks like SPH, Singtel, Capland, DBS and UOB.
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