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Yep... trading volume is quite low today.
Article in Straits Times today says to expect low trading volume until the Feb announcements later this week.
This is one way to make it big in the stock market :
1. Invest with margin and capital.
2. Buy a penny stock with great potential.
Don't need to buy so many stocks.
3. Hold for long term but use technical
analysis to sell off (before a major
and not a minor correction) and buy
back after it corrects. If you
use this way, your earnings actually
become bigger.
Actually can't blamed him lah
His dad was saboed by that guy's handling of the economy and rates
Saddam tried to do something and got it in the end
Of course he will ignore economics when he becomes no 1 lah
Just common sense talk lah
This might be one of the many reason......Greenspan speaks
In a new book, the former Federal Reserve chairman reveals who were the smartest presidents he worked with and where some administrations have gone wrong.
By Daniel Okrent
With the first George Bush, Greenspan had what he calls a "terrible relationship."
He faults the administration of Bush II for a 璬ecision-making process driven entirely by political calculation.
P. bush is up against Greenspan, his party where his is belong with comment like "Bush and Republicans deserved to lose". Another Mahati in making...., perhap Bush did not take his 18 years policies effort in his book. Is all about $$$ and power.
Since retired early 2006 after 18 years as FED chief, he now run a private consulting firm; and his ONLY formal public role is adviser to British PM Gordon Brown...
(He spoken on know past history on past six presidents he served and predict future like god of fortune). He is getting old and his book has 531 pages to recount, while in office for 18 solid years. I can recall he is the oni one to speak then,..hmm..those day where everyone listen to him.
12:34pm: Former Federal Reserve chairman reveals who were the smartest presidents he worked with and where some administrations have gone wrong. From Fortune Magazine. (more)
i hope that they scape enbloc as i oso worried that some greed ppl in my condo will oso want enbloc..i love my place and dont want to move elsewhere..hope the horizon towers case will scare all these greedy burgers...and govt change the law...
pity that old lady who lost the case..she is so persistent..ppl dont understand that a good house can create attachments after staying in it many years which money cannot buy...
if you are the architech who design condo and the owner en-bloc it, what will you do? I think I will ^$%%%# all those who en-bloc those condo
Trade within mean on condition prevail..., Previous post indicated send successful and was not posted here some how.
Just to share
My relative same sentiments as nervous buyer of the downtown $720,000 condo
Except the condo is closer to $850,000, 1 room and rented out at downtown too
Heared from him pretty nervous, sometimes fearful
One thing I learned from some article - better buy if you can pay off
Cannot pay off - don;t buy
horizon tower is a good lesson learnt. kenna sue for 500 million, sell house and backside oso cannot pay the buyer lawyer lol
seems that ppl never learn from past mistakes...i dont favor the en bloc thingy...if u r comfortable with ur place and dont want to move out..u oso get forced out by en bloc...its like what the hell i paid with my money i shd decide what i want to do..but bcos of these greedy ppl thinking they can make more money u r being force...i think they sd scrape this en bloc rules...
OCBC Investment Research in ST today :
A property correction is going to take place
The question is how severe
Don;t believe when people tell you the property bull run can go on and on .............
They are in the related business or trying to sell U the condos, remember ???????
Don;t be trap, stocks generally can;t kill U, - but property can if things turn bad!
Property sales upate in ST today
May sales - 4,921
Jun sales - 3,917
Jul - 1,1,27 (could hits 2,500 due to time lag data)
Going downhill
Stocks still can manage as they are lesser in $$ amounts
Don't get trap in property when you go in to buy with the foreigners !
Experts have warned property can bankrupt you when property mkt turn bad !
It is always healthy for property market to cool off.....so that foreign money are trapped here after fuelling the speculation...
I guess if you did not buy property - then it is still ok lah
(Asiaone Report )
Correction in property coming - analyst 2008 - double the no of units coming out 2009 - 4 times the no of units I thinks those who bought are in more serious trouble than those in stocks !! Quote from one buyer of a small 1 room unit at $720,000 that he is pretty nervous )
beside northern rock, other bb oso affected. this mnorning news @93.xxx is bad, I think fed going to do a drastic interest rate cut on tuesday.
Sub-prime loan meltdown in the US still unfolding......effecting Bank of England (BOE) to rescue a leading mortgage leader..Northern Rock, which had more then S$303 billion is assets. (almost 2.5 times it assets compare to Temasek holdings)
Note: that it has no exposure to sub-prime loans, it proved very vulnerable to liquidity squeeze. The bail out is likely to make it hard for North Rock to remain independent in the long term which grew from its root as a building society to become the most efficient mortgage leader in UK
4 Bubbles;
1.Housing bubble-burst
2 Debt/ Credit bubble-burst
3.Employment bubble-burst
4 China stock and property bubble-still inflating.
The financial markets show denial of these problems-maybe this tine it is different?
STI closed on profit taking...
| Volume: 1,871.7 million (very low and cautious mode) |
| Straits Times | 3,536.40 | +32.00 | +0.91% |
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