Dow closed at 10,717.50
During the last trading day, Dow down 67.32 points, 0.62%, which made Dow a losing year for 2005. Whereares other major indexes actually posted again for the day. For STI, whole year gain is as much as 14%.
Nasdaq down 12,84 to 2,205.32 and S&P 500 down 6.13 to 1,248.29
Although year end sell down is common in US market, it appear to have economy slow down signal for year 2006, chart wise also looks bearish.
Analysts are bullish about Singapore, but after almost 2 years of up trend, I believe a major correction is on his way. Better becareful, should close most of the position before end of second quarter.
