After all, once STI reach lower grounds, blue chip will soon become "blue cheap*".
- Funds maybe exiting Singapore to go back to USA after Trump won, maybe due to the high possibility of protectionism of USA Businesses.
- There could also be margin call from the banks and investors were made to force sell some of their positions.
Anyway, back to the topic, I did have some good capital gains from this deep value strategy before. But as time goes by, losses increased as well.