STI breached 3500

STI closed at 3,501.10 on 14 May 2007. I didn't expect it to break 3500 level so soon. I mentioned in my previous post about 2 months ago on March 5, 2007 that STI would move beyond 3,500 this year - 2007.

STI Summary by Yahoo Singapore Finance

Now, as I write this post, STI has dropped 41 points from yesterday high. So fast profit taking already?

Well, it's always good to take profit.