True to prediction earlier on 5 April ( see below ) , STI turns down at 3187 ... target of down move is 3108 which is a 25% correction from recent run since japan tsunami

True to prediction on 5April 2011 earlier -- see below ( http://sgxswinger.blogspot.com/2011/04/sti-meets-heavy-resistance-poised-for.html )   ,  STI turns down at 3187  , i forsee a target of this down move  is 3108  which is a 25% correction from last upmove ,  a deeper 50% correction will bring it down to 3050 which is unlikely given  US Fed Chairman  Bernanke's life long  passion for money printing to prop up the markets and the economy  ..