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I kinda agree, its already been said that the operation twist is fed's last option, its a do or die policy. Hopefully it works, if not, then all they can do is continue to print money to delay the inevitable till their inflation kills them. To make things worst, Euro is following in their footstep, creating more debt to cover their current debt. IMF also indirectly mentioned that the global economy now is at a dangerously critical level. Plus the starting of companies' laying off more workers in the last month reminded me of the pre signal of the last few recessions. All these factors makes me real uncomfortable lol so I have already pulled most of my funds out much earlier, leaving just a small portion which I can ignore for the next few years in the market.
Of course, I wish things will turn better, but for those that cant afford the risk, I will advise to avoid the market for now, losing the chance for possible profits is better then losing one's livelihood. Good luck all.
iPunter ( Date: 21-Sep-2011 07:48) Posted:
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Your attitude is one of supreme confidence...
I always respect the market, I am neither bearish nor bullish.
If you need to prove anything, you go ahead and " whack" big
In fact, I will be surprised if you did not " whack" big since
you have such supreme confidence.
And if you " Huat Arrrhhh!!!" , I assure you I will
not be jealous, but I will feel happy for you too...
risktaker ( Date: 21-Sep-2011 07:53) Posted:
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Wanna bet ? Do ur biggest short in the market right now and hold it till sept 30. If u have the balls. Just hint me the industry ur shorting.
iPunter ( Date: 21-Sep-2011 07:48) Posted:
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All the emergency " botox" will not be able
to prevent a storm if it is on it's way.
That is the way of the bear... lol...
Haha I don't think so. Spotted another bear must catch him and put into zoo
tanglinboy ( Date: 21-Sep-2011 07:20) Posted:
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Greek default is almost a 100% certainty. It can happen by next month when they run out of money.
Despite Standard & Poor's downgrade of Italy's credit rating, U.S. stocks are pointed higher ahead of the bell. It seems Wall Street is taking the glass-half-full approach, with investors channeling optimism about a bailout-related conference call between Greek Finance Minister Evangelos Venizelos and officials from the European Commission (EC), International Monetary Fund (IMF), and European Central Bank (ECB). On the home front, meanwhile, traders will be keeping an eye on the Federal Open Market Committee (FOMC), which kicks off a two-day summit today. Many investors are hoping the policymakers announce some sort of stimulus package tomorrow, which is also bolstering sentiment in pre-market action. At last check, the Dow Jones Industrial Average (DJIA) is set to recover about 81 points, while the broader S& P 500 Index (SPX) is headed for a near 8-point jump out of the gate.
Indeed, after 5 days of gains, DJIA seems ripe for some profit taking.
Hahaha....me too...
i was speechless when i saw that " down" word....
i thought Hulumas kena hacked ......
lolx..
Cheer
SGG_SGG ( Date: 19-Sep-2011 22:29) Posted:
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*rub eyes* Hulumas.. DOWN??? Wow........ then things are either horrible or at a bottom. LOL!
Hulumas ( Date: 19-Sep-2011 20:30) Posted:
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CHINA SKY! Because CHINA SKY is always clear and blue!
des_khor ( Date: 19-Sep-2011 21:23) Posted:
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From the current situation, the FOMC meeting might not have much effect in comparison to the Greece debt crisis. Euro apparently failed to established any feasible solution to prevent Greece from going into default even though they strongly claimed that they will back Greece up. The next few days, we will most likely to see the effect of a failing confidence of the market. The market is standing near to the edge of a cliff right now, will it be a death plunge or will someone pull it off the edge? In my opinion, the earlier possibility is greater though I seriously wish I am wrong. Good luck.
thesginvestor ( Date: 19-Sep-2011 09:29) Posted:
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Hi ! Long time no see ! Currenty which counters you still keep buying ?
Hulumas ( Date: 19-Sep-2011 20:30) Posted:
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DOWN!
thesginvestor ( Date: 19-Sep-2011 09:29) Posted:
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Any traders of the US market here?
Last week was a very good week for US market. I believed those who held position are duly rewarded. Right now, all eyes are on FOMC meeting this coming Wed/Thurs. What is your view?