More bloodbath on mon....
The drop is bottomless, dbs n uob can go back to $12 an $15 as previously..
More bloodbath on mon....
The drop is bottomless, dbs n uob can go back to $12 an $15 as previously..
http://betterlifecoachingblog.com/20...bout-optimism/
Shoe Salesmen in Africa – A Story about Optimism
My bet is always the opposite of others though not necessarily correct always.
PM Lee will take this really opportunity to show how the Govt can overcome much of the odds. Economic power showcase. At least on Monday, stocks should be able to show strong resistance or somewhat of an upswing even if temporary.
My guess only, no backing stats or support.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Singapore stock market is quite dead as of now it seems...................
Market too small, a lot manipulations going on........
I always observed Singapore stocks' prices moving UP / DOWN with significantly very much larger volumes a month to a week before significant good news / bad news come out, strongly indicating that some people are trading on insider news before the news are released (and this even happen for blue-chip stocks).................
Extremely downbeat beginning of the bell...
May all be blessed.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
All the masters, why majority of time when I go in , the stock fall further, and I hold it, will rebounce. Is it normal or retail investors are always at the losing side. The losing odds always against them. Can some Masters enlighten me
Control your emotions or they will control you. Know your emotional weakness if not, they will control you.
If you mind is strong ,all difficult things will be become easy: If your mind is weak,
All easy things will be difficult
One moment of patience may ward off great disaster, one moment of impatience can beckon life’s great disaster.
Many investors are impatience. They want quick result to get rich which will be a disasters.
Lastly, there is no such thing as a FREE LUNCH. When U invest, U need to lose to gain experience.
Then from experience , you will be smarter. To be OLD & WISE you must first be young and stupid .
But some never learn till they are old.
OLD HABITS die hard. GAMBLERS.
SHORT MEMORY. History repeats itself.
The Sunday times FRONT page news.
GLOBAL sell-off sparks fears of sharper economic slowdown.
A sad day for many retail investors. Many are losing hard earn money. They still don't know the world stock market is manipulated after investing for so many years. Keep repeating the same mistakes again & again. GOLDMAN SACH is the smartest strategist . They knows how to make billions of dollars through manipulation.
Fool me ONCE , shame on YOU.
Fool me TWICE, shame on ME.
Fool me 3RD TIME,SO STUPID I am.
Fool me the FOURTH TIME, I need to be CONDEMNED.
Fool me the FIFTTH TIME, SIX TIME ... I am really a hopeless GAMBLER, not a investor. The final tragedy hopeless GAMBLER stage will bring financial disaster to his/her family
Remember MUST be patience to invest.
君子报仇,十年未晚. If U understand this Chinese proverb. U will be a successful investor.
When a investor want to be rich in investing stock, ten years is not long late to wait; one should bide one’s time and wait for the right opportunity to seek buy when there is blood in the street
Rabbi Jonathan Cahn 2015 The Biggest Catastrophe Ever And Most Are Not Prepared
https://www.youtube.com/watch?v=ebw_omQW8wM
What goes up will come down n vice versa.
If u have spare cash, buy some blue chip stocks n leave it there..
Set yourself a 20% profit target.. Don't be greedy.
Really cannot tahan the cheap prices. Dipped feet into pool at the lowest prices.
Fingers crossed.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Very brave to buy at time like this
"Dead crosses" showing on almost all indices
Good luck
Long-time never update..., so here it is:
Update as of now : 24-Aug-2015
S&P500 now = 1,970.89
US$:S$ now = 1.4136
SGD 3M SIBOR (%) = 0.938
HK.2822 (HK$) = 10.82
Looks like more downside for next day or 2, before short-covering start on Thursday? Looks like lots of short-sellers taking advantage of the situation...
US dropped 5.8%. Brace hard!
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Huat Ah.
Those who Miss The Boat time to take action, don't wait until the next round of money printing then complain.
Changed my view now, I think short-covering will happen sooner, either tonight or Wednesday.........
Get ready to scope up "durians" (but US ones, not SG ones)...................
Looks like the last opportunity to pick up US "durians" before the train sped off.............
Market talk suddenly turns to specter of QE4
Jeff Cox | @JeffCoxCNBCcom
6 Hours Ago
CNBC.com
PLAY VIDEO
Market chatter about what the Federal Reserve's next steps will be suddenly has shifted from when it will raise rates to when it will offer more stimulus.
Mind you, no one believes the U.S. central bank is about to start printing money again anytime soon. However, there is talk that faced with a slowing global economy and a domestic market dependent on cheap debt, it's only a matter of time before the spigots get turned on once more.
"The Fed is not going to raise rates. They are at zero forever," said Peter Schiff, head of Euro Pacific Capital and one of the most well-known and impassioned of all the Wall Street Fed critics. "The Fed is not done with QE, they're just getting started. The Fed is doing QE4, QE5. This is a never-ending process."
The "QE" reference, of course, is to quantitative easing, the bond-buying program that added about $3.7 trillion to the Fed's now-$4.5 trillion balance sheet since late 2008. Three rounds of QE, plus the balance sheet-neutral Operation Twist, have helped boost the stock market dramatically, with the S&P 500 rising more than 190 percent off the March 2009 lows. But the impact on the real economy has been less tangible.
In addition to the previous rounds of QE, the Fed has kept its key interest rate near zero, holding down lending rates and keeping borrowing costs low for the $8 trillion in debt the government has added since the financial crisis.
With no room to take rates lower, markets in near-free fall and worries building over a global recession, another round of easing would be the only monetary policy option left.
Read MoreThe Fed rate hike speculation is getting crazy
"I don't believe they're ever going to raise rates, because they can't do it," Schiff said. "People actually believe in the legitimacy of the U.S. recovery, they believe in the Fed's rhetoric. The truth is, everything has gotten worse. All the Fed did was blow a bigger bubble. All they did was interrupt the financial crisis."
While unlikely to take any specific action in the near term, Fed officials could start leaving a trail of clues in upcoming public speeches. No time would be better, for instance, than the Aug. 27-29 retreat at Jackson Hole, Wyoming, the very site where then-Fed Chairman Ben Bernanke planted the seeds for QE2 back in 2010.
"It's not about QE happening. If the perception of QE (happening) goes from zero to 18 percent, that's a huge impact," said Lawrence McDonald, head of U.S. macro strategy at Societe Generale. "Maybe even have one Fed governor, the most dovish of the doves, like (Minneapolis Fed President Narayana) Kocherlakota ... lay it out there. If one of them does it, look out."
For now, the market's deliberations have focused on the timing of rate hikes, and the current verdict is that the first one since June 29, 2006, won't happen until January 2016. The CME's FedWatch indicator shows just a 24 percent chance of a move in September and a 49 percent chance in December.
Read MoreFed may have just gotten a red light for rate hike
Economist Michael Pento, founder of Pento Portfolio Strategies and a frequent Fed critic, said the central bank has work to do before it could take viable steps toward another round of QE.
"For the Fed to go back to QE, there are two problems: First, they'd have to admit that everything they've done since 2008 has been a complete failure," Pento said. "Then, you have the problem that QE doesn't really affect fundamentals in the economy, it only affects asset prices."
Indeed, a recent paper by Stephen D. Williamson, St. Louis Fed vice president, said there was no evidence that QE provided the economic help that its supporters touted.
Read More'Forward guidance' didn't work, either
Also, similar easing programs haven't done much elsewhere in the world. Japan's aggressive QE couldn't
prevent a 0.4 percent contraction in second-quarter growth, while the euro zone is barely above water despite its own efforts, with just a 0.3 percent improvement in gross domestic product for the same period.
"Sixty trillion dollars in debt and seven years of ZIRP later, anyone who thought this was going to be a smooth and easy transition to escape velocity is getting a rude awakening," Pento said. "That fantasy is shattering."
Jeff Cox
Finance Editor
Ways to hold the value of your money is put it in the Bank and earn interest with all the money printing.