Friend asked me what to buy for dividend returns, and he dont intend to sell, and wish to keep for a long time. I recommended him Sabana Reit ~9% Dividend yield Mapletree Com Trust ~6% Dividend yield Suntec Reit ~6% Dividend yield Charts are looking ok, not toppish, has dropped for some time. […]
Looks good for a new wave emerging
Long Capitaland 278-279, Tgt 293. SL 274
the speed of this STI drop is similar to the speed in 2011. but the 2007 & 2008 drop was slower in velocity. The 2000 crash took 3 years to start recover. The 1997 crash took 2 yrs to recover. The 2007 crash took 2 yrs to recover.
Will trade the bounce, still bearish skewed for now!
Will trade the bounce up if any, if pierce through deeply for the next few sessions, will spell bad signs for the market.