http://malaysiafinance.blogspot.sg/2008/08/tallest-buildings-as-leading-indicator.html
All three buildings were conceived in the bull market and built through the peak, only to open for business amid the worst office-space market in decades.
As each of these buildings were completed, they opened during down-trodden markets.
The signal to sell appears when the tallest building is conceived or begins construction.
Guess what.. :)
Someone just conceived and will begin construction of the tallest building in Singapore! :) It's due for completion in 2016. Of course.. It is still shorter than most of the tallest building in the world. But it is tallest in Singapore :) How much of a correlation do you think it will be between market peak and tallest buildings?
1 comment:
crash by 2016?
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