"Fundamentals thinking" has already wiped out many people in the last few months alone.

Bet on a rise or fall as the market progresses and act accordingly...

but never base one's actions on the stocks' fundamentals.

Because when the market tanks (to borrow one of dear Elfin's terms), all stocks go with it.

And also, when the market 'cheongs' all fundamentally bad stocks cheeong too... hehehe...

At this moment, AK opine that dun  buy anything. just observe and relax.

I would go for this: SGX+Singtel+OCBC

Read your blog. Interesting.. For me, I aim only for 7% per year average.
For me, my investment motivation is that it is fun and to beat better than inflation. 
It is difficult actually, after some years in it. If we are devoid of emotion, maybe it would be easier. Sometimes when I look back with my old portfolio, perhaps it is better if I sit on it for 15yrs and cash out during peak, then i would have done much better. On hindsight, "In In Out Out " is not the way for me due to emotion and work commitment.

Around 19.40 should be a great price to short it... but no guarantees of profit...

of course...