Another day of buying up on Friday for the Straits Times Index when it opened on a huge gap down due to the dismal closing of the Dow Jones Industrial Average. STI touched a low of 1570.23 before closing at close to its high at 1662.1. This is the third day of such buying up that has occurred since STI touched the interim bottom on 28th of October. I have highlighted those three days with purple rectangular boxes. You can also take a look at my previous posting on such buying up for the STI here.
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