A crisis ridden system.
It wasn't that long ago that capitalist pundits proclaimed the end of sharp economic crises.
The reality however is that capitalism is a crisis ridden system.
At the end of the 90's the fed moved to prevent the collapse of the dot com bubble by lowering interest rates which combined with an abundant money supply created the rising home values that triggered the housing bubble.
Most capitalist commentators insist that the fundamentals are sound but this is not true.
US consumers have been holding up the world economy by buying the world's goods for the last 15 years.
They have only been able to because of unprecedented level of of government and personal debt .
Now the music is about to stop or has already stopped.
The end of a bubble can only be predicted on hindsight says Greenspan who created the bubble in the first place.
You can draw your own conclusion as to whether this charade is possible by producing another bubble.
:) with u tomorow Huat Ahrr... :)
but don't forget to "lock" your profit after you huat.. :)
Hi Paperless - enjoyed the talk, actually
Sorry got to sign off = got work tomolo lah
hi soloman, no angry pls. just bored. :)
say good luck to u, nomatter which plan you choose. :)
Ha! Ha ! Ha!
Just my words, lah
Whether "SPXxx" or not have to ask himself lah, he just said over in that 4-6 mths time frame. Anyone can read many things into the statement mah
Hey man, don't be so serious, lah. This is a forum mah
So its not over yet? Someone admitted it now? Just a Speculation, rite ?
Ha ! Ha ! Ha!
A very good "Spxxxxxxxxxxx" none the less, lah
At leaset he can say that
so.. 4-6 months WILL be over?
A SPECULATION!
Ha ! Ha ! Ha ! who can confirm a specific date ?
To say 4 - 6 mths already belly good, lah
Want specific date have to ask someone not human, lah
4-6 months?
he himself also found ambiguous on it and dare not to confirm a fixed date.
better continuing sitting on the fence..
Someone wants to know when the turmoil is over with gurantee
Our leaders if I remember - said with 4 - 6 months will be over
Good enough or not gurantee for you ?
Cutting US interest rate is so easi for FED to prevent slowing down US economie, FED will use all available tools and even magical hands to prevent it from nudging to recession (it is for Sure). Meanwhile trade with care, it is a volatile week.
I only know those who sell - like my friend lost
Those who hold - the price went up
Even if tomolo price go down some amt, they still make some when they hold, just e.g China XLX stock
This one cannot bluff - see the price (before/after)
The turmoil is over? Can anyone here tell me where can i get the sources that proven on turmoil is over with Guaranteed? FED website? or Whitehouse homepage?
So on its confirmed acknowledgement I'll sell whatever assets i have, even my shirts, pants, even underwears will be auction on eBay so that i can pour almost all capital i have into SGX on coming monday!!
You ain't seen nothin' yet!!
Just wait for the finale!!!
A note to recall.....
is not over yet...
| 26-Aug-2007 | |
Sell into strength...Sub-prime woes is spreading into US housing woes payment scheme, cutting deeper into US economy and nudging and pushing further US to test it recession as FED ponder on how to save...this credit crunches from melting away. (Setting stage 3 into turmmoil). For a start FED cuts discount rate on loan to banks. What next...? is confirmed FED help two (2) big banks. |
| Posted:20Aug2007 | |
| lower interest rate and so on....to ride out over this dark cloud hanging all over this world is trying to bufff......and trying to ensure ppl's all over that this storm will blow over....come on, of course we will, not before riding into stage 3. We are facing at the word, confident right in our face and in our sub-conscious mind. scary 1st credit issue , then credit squeeze , next credit crunches , what next ? , credit melt....... Cash is king....Hmm |
I guess we're in for a US recession by next year..... hopefully not globally, clear tell tail sign can be seen when Fed take a deep interest rate cut comes 18 Sep.
Which counter is recession proof that we can buy?
There is lot of speculation on potential RECESSION heading into month of October. As in 1987 October, Dow crashes 23%.
At the moment, cash is king...just ensure you have enough bullets to fight through this roller coaster ride.
Be discipline & be patient.
There are lots of opportunities out there if you have got the cash to buy.
At the moment, cash is king...just ensure you have enough bullets to fight through this roller coaster ride.
Be discipline & be patient.
There are lots of opportunities out there if you have got the cash to buy.
I am not sure if the turmoil is over.
Nothing is a certainty these days.
Weak jobs data is just the beginning with recession fears brewing by the days. Let's look at the next quarter to have a clearer picture. Need those economic data to come in to analyze first before taking the next course of action.
In the coming months, expect more volatility. More downward pressure on the market from
all fronts, monetary policies, monetary pressures from US/YEN, Mortgages, Interest Rates,
Recession risk & Consumer Confidence.
However, this provides opportunity for making money be it in a rising and falling market.
Just an observation for the last few weeks of trading, asian markets have fallen less after a fall in the US market. Everyone has become more resilient to the bad news.
Question is: What happens when the investment and hedge funds start to redeem funds and channeled back to US? Let's watch out for the foreign funds exiting the Asian markets....
First the turmoil is over
Second for the last week - the reposition of debts is also over for the week
Third the jobs will weaken for the months ahead - but it also shows the light at the end
You - who hold shares is almost there. You who sold -lost out as shares increased in price
Tomorrow may drop but some amt only - of course shortist will try their best
Like I say, their chances are slimmer by the months
i am losing confident in bernake, this guy do not give clear answer and he enjoy saying thing within grey area which make investor confuse. when investor is confuse, any threat or bad news can cause the share to tumble aggressively.
, then credit squeeze
, next credit crunches
, what next ?
, credit melt.......