
Anymore drop will be a best time to buy liao... if current you are not invested, just standby your monies.. if you are already inside, just wait and will be rewarded..
I do believe we're in a bear rally now and the stage is setting up for another dead cat bounce in Q1 2009.
US govt has yet to prove that the TARP can work - they are actually making use of some money to save the GM and Chrysler. Fed cut interest rates to near zero and there are concerns that they have used up all their bullets to fight this war.
The ONLY proof that the economy has bottomed will be in improved employment, retail and housing figures.
I think January will initially have another Obama effect when he takes over the presidency. But after 1-2months, things will start to look bleak again.
I think the market won't plunge anymore. Either it will drop slowly or it will rise slowly. It will definitely rise in the long run.
Blogging at moneytalk.sg on the stock market, ETF and anything to do with money.
All the way up, slowly and surely.
scotty ( Date: 19-Dec-2008 14:58) Posted:
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should be starting to drop already... my deduce
I think this is a year end bear rally. Everything will start dropping again by mid January. Any views?