I was studying the operation of STI for the past 10-15 years. I was fascinated by how cycles of booms and busts were created and how much fortunes come and go. Observed when the bear market developed from 1/1/1996 to 3/1/2000? This resembles the current market condition where the current major trend is still on it's up way. If the future mirrors the past or if the past is a reflection of the future, we shall see STI above the 2007 high before everything starts to collapse again. Of course, this is just an assumption and we shall continue to watch for big boys' activities in place.
Ronald K
