Market analysis for Singapore (Straits Times)

The chart above dated on 08/09/10 shows that investors have been pulling funds out from the market but the straits times index is still at a relatively high level.  This doesn't bode well for the market as there are lesser and lesser investors in the market and the market is only supported by institutional funds.  The institutional investors are now stucked in the market as there are lesser investors to buy stocks from them.  If any unexpected event were to happen, these institutional funds would just sell their stocks at low prices which would cause a big tsunami and STI would have a big crash.  Buyers beware!