Today Asia market got smoked after Spain got downgraded with Hang Seng down -365 points. Straits Times is down but trying to recover to break-even. How can this be? Dow Jones was nicely up 126 points. We should be green today but reality strikes. So, does this mean that we can start to short now? Will we be going straight down till June? Will Singapore stocks continue to go lower especially commodities counter?
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