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We must pray very hard that the Shanghai market does not have a big fall...
If it falls bigly (eg. 2%+), then many will worry more than now...
and then they will also dump...
When bargain hunters also dump their bargains, the bear will be a fierce beast... 
And the bull will curl his tail down and in between...
Let's hope for the best...
Fairygal: Then How?
Then we LPPL lor :P
I wonder if the' bin laden' put of 1 billion dollars was inspired by ohl's article.
Buffett lost 2 billion dollars betting against the US dollar.
Continued.....
" He advised bottom pickers to be careful, as he thinks prices will be lower after the big boys sell off.
As for his recent investments, he has been buyiny government ?bonds and also thinks that buying currencies is a safe bet. He believes the Chinese Renminbi will continue toappreciate. However, he warns that the Chinese economy and stock market may be shaky.
As for the local property market, he believes that it will cool down and some high end buyers may not exercise their options."
End
Let me try to summarise the Chinese article posted by knightrider.
"OHL believe that the stock market will undergo large swings in the near term and trend lower at the same time. Any rebound will be transient and he advise taking profits. He thinks the recent correction has not bottom out yet and STI may hit 2500 by year end, possibly 2000 if US can't handle their problems properly. Although S'pore economy is well, STI still can't resist the epidemic of losses brought on by the subprime and related problems in the US."
To be continued.
Newmoon... :)
hahaha... well put...
And by the way, it certainly also sounds as if that 'special purchasing' is the norm in practice... hehehe... 
One wonders how the market will move when say an reincarnated ancient emperor embarks on bulk purchases of roses...
Any translation for that Chinese passage? hehehe......
Cheong arrh market is due to panic buying and short covering
Slowly rising market is real buying like buying roses for your mistress in anticipation of .......
30 Aug 2007:-
?股市金手指?黄鸿年认为，近期的股市还会大幅波动，预料一波会比一波低，海指可能在年底调整到至少2500点，劝股民应加倍谨慎小心。
本地股市近期随着环球股市坐过山车，七上八下的股市搞得股民进退两难，人人都在寻找一个明确的投资方向。在股市颇有眼光，所触及的公司股价往往直线上扬的黄鸿年昨天告诉本报，股市的大震荡可追究美国次贷(subprime)、基金撤退资金和信贷紧缩的问题，使市场信心受打击，而接下来问题还可能会持续加深。
他认为，这轮调整还未见底，虽然时不时会见股市回弹，但只是昙花一现，股民应该见好就收，手握现金比较有保障。
黄鸿年说：?市场的惊慌情绪像传染病一样，尽管新加坡经济的基本面良好，但还是无法对外在因素和环球股市的跌势免疫。这一轮调整还没结束。接下来虽然会有回光反照的时候，但只是昙花一现。我认为，海指至少会调整至2500点，如果美国处理的不好的话，搞不好还可能跌至2000点。?
美国人在资产膨胀产生的富裕错觉下一再贷款消费被黄鸿年点为问题的根本。而始于两年多前的这个现象，在日积月累下形成今日的信贷紧缩和债务担保凭证(CDO)问题。股市狂泻则可追究到受影响的对冲和私募基金。它们为了应付问题大量从市场撤退资金。
就因为如此，黄鸿年建议那些认为股市猛跌时是进场捡便宜好时机的股民不要轻举妄动。
?小股民现在进场就等于在喂对冲和私募基金。喂饱了，它们就会睡觉或随时把你推下去。你可能今天买得比昨天便宜，但相比明天就可能买贵了。以目前的情况来看，抱着现金睡觉会比较好。?
他向股民进言：?留得青山在，不怕没柴烧?。
中国经济股市 还是有许多隐忧
至于他近期的投资，黄鸿年透露，过去几个月主要吸购政府债券。他也认为货币是很稳的投资，并看好人民币值还会继续上扬。
谈到人民币，他再次警告，中国经济和股市还是有许多隐忧。
?看一看中国的股票，本益比达到50、60倍，即使跌剩一半，还是太贵了。?
对于随着股市水涨船高的本地房地产市场，黄鸿年观察到，一年多来热火朝天地的房地产市场近几个星期来似乎已开始静下来，有行无市，并相信接下来还会随着股市的调整进一步后退。
他也表示，一些已为新推出的高档公寓项目付了定金的外国基金，可能会因为资金紧缩的问题，而选择放弃执行任购权。
Uncertainty in the market does not encourage much "cheong Arhhh"s...
"Cheong Arhh"s only come when the market has unmistakably stabilised... ie. when the underlying mass sentiment is truly positive and more ecstactic jubilance is evident... like after the last May 2006 correction.
But is also ironic that the present big fall in the market happened immediately following exciting newspaper reports that restaurants big and small are doing a roaring business and a lot of people are patronising them like never before... then came the big stock market fall which we see till today.
Understanding What Not To Do can be just as important as figuring out What To Do.
The single difference between success and failure, between gain and loss, boils down to one word: KNOWLEDGE.
Good luck.
Market already used to negativities for quite a while .....
Even a slight positiveness will cheong the market .....
Bargain hunting continues ..... more investors will return .....
Short with caution .....
Not to worry like bernanke.
Inflation risk is less serious than recession risk-cut interest rate to 4.25%(Feldstein)
Buying tomorrow is too late .
Information is more imp[ortant than charts and fibonacci numbers .What every schoolboy knows is of little value.