Agreed. Fear and greed are eternal characteristics of the mkt psychology (i.e. all the human traders/investors). Mastering control over both your own instinctive emotions and understanding the mkt's emotions, goes a long way towards profitable trading.

Indeed true. Many are oveaseas now, whether PR or citizens there. Quite sad. No identity here. The results of not taking care of heartlanders.

They will face more challenges in future. Many heartlanders' children are educated now. These children if emigrated can bring them over. Life is becoming harder for next gen sporean, high cost, poor job prospects with keen competition and etc etc.

Regarding intervention in market, it is not possible as there are  consequences. It requires plenty of capital and timing must be right as well. In this kind of env, any news is bad news.

Not matter what holding Singapore Passport must support singapore market, unless i am not holding the passport then got no choice support other market.

Foreign funds sell out to support their own market back home nothing wrong with them also. They sell out we buy back , when economy recovers we sell back to them. The cycle will keep continuing until there is no more stock exchange.

The next question is what can we common folks and underdogs do? The government is voted by its people right, so we cannot complaint. I rather the government dont give handout, everytime they give handout, YOU WILL END UP PAYING MORE.

1 Give u some money, GST increase to 7%. 2. Cut road tax, ERP increase. 3.Give uilities rebate, Electricity tarriff increase. I am scare when the government start giving big handout, dun noe what might increase big.

MAS shouldnt have approve the credit derivature products, apparently we are not ready for these type of products in the market. I am against credit derivature products also cause it is very hard to understand. People who dont study finance will not be able to understand it in a short time period.

knightbridge, what you're talking about is the ideal, of course.

but think about it: when has our government ever protected the people from the bad side of globalisation? between the hay bees of the heartland and the big wealthy foreigners who come in to invest, of course our govt would support the foreigners.

the lehman minibonds episode should tell people all they need to know already: in HK, their city counsellors tell their people and help their people to fight for their rights. In s'pore, we black out the news that DBS is paying the HKers, and our ministers instead urge the people not to file lawsuits.

it's a simple question: how can those who are at the top, most of whom have never even lived in a HDB flat, know how much a recession afflicts the poor and middle-class? They're still making their 1.9mil salary (up from 1.2mil before, nice jump of 50% increase, while wage earners see inflation eating away their salaries), their money is not the CPF scheme.

The people at the top only see the 'big picture'. ie, bring in more foreigners. Already, as singaporeans, we're minorities in our own country. the idea of funds is to make money: who would care if they make it from the unknowing retailers? only the bottom line counts. That's why we're Singapore Inc, and not a "homeland" or "motherland".