Monday, November 8, 2010

STI hits 35 month high

I just read the news that STI has hit a 35 month high. This was on the back of better than expected jobs data from the US as well as news about QE2 (or quantitative easing 2) - the stimulus plan the US Fed is planning.

The blue-chip Straits Times Index (STI) closed 60.09 points at 3,300.40, as investors caught up with the commodities-driven rally in Asian shares seen on Friday.

How long will this bull run last? Anyone care to give a shot or prediction?

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