STI continues its fall, slipping 3.8% for the week

SELL in May and go away - that's what the old adage recommends. It's now 10 days and counting - that's how long the Straits Times Index has been falling, during which it has lost 230 points or 7.8 per cent. This week's fall was 108 points or 3.8 per cent, including Friday's 37.01-point slide to 2,730.80.

Trading has been getting progressively narrower as the days pass, with the bulk …