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Predict when this financial turmoil will end

For all you know, Market had already bottomed this morning !!! The next such bottom will happen in the next century ...

 

Agreed. Fear and greed are eternal characteristics of the mkt psychology (i.e. all the human traders/investors). Mastering control over both your own instinctive emotions and understanding the mkt's emotions, goes a long way towards profitable trading.

 

trader88.sg      ( Date: 30-Oct-2008 08:39) Posted: Millionaires come, millionaires go, markets go up, markets go down, wealth is being transferred  around, changes are ongoing, BUT one thing NEVER CHANGE ======> HUMAN NATURE

 

Hope long term investor make money ler, supporting the stocks of singapore market since last week. A little cheer for support.

 

Millionaires come, millionaires go, markets go up, markets go down, wealth is being transferred  around, changes are ongoing, BUT one thing NEVER CHANGE ======>

HUMAN NATURE 

 

Agree to buy. These kind of spt for STI may happen only once in 5-7 years only. No one will know when is the btm but everyone knows now is good time to buy.

knightbridge      ( Date: 29-Oct-2008 23:19) Posted: Aiyah, no choice being born as a singaporean means going into rat race. The policies are created by singapore anyway. What if i tell my mum i want to be an artist and live on dough. I think i will be disown. Being in the competition is what keeping singapore alive, look at our neighbouring countries over the last 40 years. This is the price we are paying for material comforts and progress. Anyway, i dun think my old folks will survived in a western countries if talking about immigration. They cannot communicate with people and eating potatos all the time, it is like jail term for them so immigration is out of the question for me even if got loads of money. The turmoil will be over in time to come, then the singapore will complaint again on high property prices. This is a better choice i guess. Right now. Hee hee. The Singapore equity sales is on, 50% discount, with potiential  payout of 5% or more per annum, with condition of lock in period of 5years. (Buy some put option over time if you want guarantee capital also) Better than the banks offering for credit deriative products, 5% payout and go bust some more.

 

New post. If big rate cut by US and alot of countries, might create new inflationary pressure. So holding too much cash might not be the best option after all.

 

Aiyah, no choice being born as a singaporean means going into rat race. The policies are created by singapore anyway. What if i tell my mum i want to be an artist and live on dough. I think i will be disown. Being in the competition is what keeping singapore alive, look at our neighbouring countries over the last 40 years. This is the price we are paying for material comforts and progress.

Anyway, i dun think my old folks will survived in a western countries if talking about immigration. They cannot communicate with people and eating potatos all the time, it is like jail term for them so immigration is out of the question for me even if got loads of money.

The turmoil will be over in time to come, then the singapore will complaint again on high property prices. This is a better choice i guess.

Right now. Hee hee. The Singapore equity sales is on, 50% discount, with potiential  payout of 5% or more per annum, with condition of lock in period of 5years. (Buy some put option over time if you want guarantee capital also) Better than the banks offering for credit deriative products, 5% payout and go bust some more.

 

Hmm i dun think the market will recover so fast..


How about staying away from the market for the time being? Put your cash into safer places like FDs. Interest rates might be low, but at least its safe. and wait till next year before going long..


For good FD/savings rates..visit my webby

also, i have just added a source for Singapore credit card reviews, tells you which are pros and cons of each card.



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Indeed true. Many are oveaseas now, whether PR or citizens there. Quite sad. No identity here. The results of not taking care of heartlanders.

They will face more challenges in future. Many heartlanders' children are educated now. These children if emigrated can bring them over. Life is becoming harder for next gen sporean, high cost, poor job prospects with keen competition and etc etc.

Regarding intervention in market, it is not possible as there are  consequences. It requires plenty of capital and timing must be right as well. In this kind of env, any news is bad news.

elfinchilde      ( Date: 29-Oct-2008 16:10) Posted: knightbridge, what you're talking about is the ideal, of course. but think about it: when has our government ever protected the people from the bad side of globalisation? between the hay bees of the heartland and the big wealthy foreigners who come in to invest, of course our govt would support the foreigners. the lehman minibonds episode should tell people all they need to know already: in HK, their city counsellors tell their people and help their people to fight for their rights. In s'pore, we black out the news that DBS is paying the HKers, and our ministers instead urge the people not to file lawsuits. it's a simple question: how can those who are at the top, most of whom have never even lived in a HDB flat, know how much a recession afflicts the poor and middle-class? They're still making their 1.9mil salary (up from 1.2mil before, nice jump of 50% increase, while wage earners see inflation eating away their salaries), their money is not the CPF scheme. The people at the top only see the 'big picture'. ie, bring in more foreigners. Already, as singaporeans, we're minorities in our own country. the idea of funds is to make money: who would care if they make it from the unknowing retailers? only the bottom line counts. That's why we're Singapore Inc, and not a "homeland" or "motherland". knightbridge      ( Date: 28-Oct-2008 16:02) Posted: Sooner or later the government around the world will realise they need to stability in the market. First got to hold the index stock to create some form of confidence and stability. (20 billion should be enough for singapore to hold the index at certain level) Same will currency cannot let them have big swing up and down, bad for business hard to do big trade around the world. Singapore small market easy to hold the index. Pool a big group of savvy business man and government funds, will cause the market to rebound. Then retail investor will bang their heads why fear got into them and sell so low, start buying again. If market fall 100 pts every day, 15 days later no more. If you are holding sin dollar might as well use as joss paper. We are still a small country u noe. I urge investor to support the market. Sooner or later,, people will find no where to put their cash for good return will come back to equities. If happen that inflation kick in recession, holding cash will be burnt also. Like u see the australians, sudden drop in Australia dollar buy foreign goods also feel the pinch cost 30% more.

 

Here is an index  I got from the web.  The Day After 23rd October 2008:

CEO --Chief Embezzlement Officer.

CFO -- Corporate Fraud Officer.

BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.

VALUE INVESTING -- The art of buying low and selling lower.

P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.

BROKER -- What my broker has made me.

STANDARD & POOR -- Your life in a nutshell.

STOCK ANALYST -- Idiot who just downgraded your stock

STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.

MARKET CORRECTION -- The day after you buy stocks.

CASH FLOW -- The movement your money makes as it disappears down the toilet.

YAHOO -- What you yell after selling it to some poor sucker for $240 per share.

WINDOWS -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.

PROFIT -- An archaic word no longer in use.

 

Really made me laugh and roll on the floor in such a stormy times.  Let all not get too tense over these times........

 

 

Not matter what holding Singapore Passport must support singapore market, unless i am not holding the passport then got no choice support other market.

Foreign funds sell out to support their own market back home nothing wrong with them also. They sell out we buy back , when economy recovers we sell back to them. The cycle will keep continuing until there is no more stock exchange.

 

elfinchilde      ( Date: 29-Oct-2008 16:10) Posted: knightbridge, what you're talking about is the ideal, of course. but think about it: when has our government ever protected the people from the bad side of globalisation? between the hay bees of the heartland and the big wealthy foreigners who come in to invest, of course our govt would support the foreigners. the lehman minibonds episode should tell people all they need to know already: in HK, their city counsellors tell their people and help their people to fight for their rights. In s'pore, we black out the news that DBS is paying the HKers, and our ministers instead urge the people not to file lawsuits. it's a simple question: how can those who are at the top, most of whom have never even lived in a HDB flat, know how much a recession afflicts the poor and middle-class? They're still making their 1.9mil salary (up from 1.2mil before, nice jump of 50% increase, while wage earners see inflation eating away their salaries), their money is not the CPF scheme. The people at the top only see the 'big picture'. ie, bring in more foreigners. Already, as singaporeans, we're minorities in our own country. the idea of funds is to make money: who would care if they make it from the unknowing retailers? only the bottom line counts. That's why we're Singapore Inc, and not a "homeland" or "motherland". knightbridge      ( Date: 28-Oct-2008 16:02) Posted: Sooner or later the government around the world will realise they need to stability in the market. First got to hold the index stock to create some form of confidence and stability. (20 billion should be enough for singapore to hold the index at certain level) Same will currency cannot let them have big swing up and down, bad for business hard to do big trade around the world. Singapore small market easy to hold the index. Pool a big group of savvy business man and government funds, will cause the market to rebound. Then retail investor will bang their heads why fear got into them and sell so low, start buying again. If market fall 100 pts every day, 15 days later no more. If you are holding sin dollar might as well use as joss paper. We are still a small country u noe. I urge investor to support the market. Sooner or later,, people will find no where to put their cash for good return will come back to equities. If happen that inflation kick in recession, holding cash will be burnt also. Like u see the australians, sudden drop in Australia dollar buy foreign goods also feel the pinch cost 30% more.

 

The next question is what can we common folks and underdogs do? The government is voted by its people right, so we cannot complaint. I rather the government dont give handout, everytime they give handout, YOU WILL END UP PAYING MORE.

1 Give u some money, GST increase to 7%. 2. Cut road tax, ERP increase. 3.Give uilities rebate, Electricity tarriff increase. I am scare when the government start giving big handout, dun noe what might increase big.

MAS shouldnt have approve the credit derivature products, apparently we are not ready for these type of products in the market. I am against credit derivature products also cause it is very hard to understand. People who dont study finance will not be able to understand it in a short time period.

novicex      ( Date: 29-Oct-2008 16:34) Posted: how true! it's so easy for them to say see the 'big picture' when they've never been in our shoes before.. that's why i'm for the underdogs and the common folks. i think they really need to come to the ground to have a real feel.. it's not like they can truely empathise what the common folks are going through..

 

What knightbridge described is exactly what will be reflected in Technical Analysis, which involves human emotion that leads to SELF-FUFILLING PROPHECY.

 

how true! it's so easy for them to say see the 'big picture' when they've never been in our shoes before.. that's why i'm for the underdogs and the common folks. i think they really need to come to the ground to have a real feel.. it's not like they can truely empathise what the common folks are going through.. 

 

knightbridge, what you're talking about is the ideal, of course.

but think about it: when has our government ever protected the people from the bad side of globalisation? between the hay bees of the heartland and the big wealthy foreigners who come in to invest, of course our govt would support the foreigners.

the lehman minibonds episode should tell people all they need to know already: in HK, their city counsellors tell their people and help their people to fight for their rights. In s'pore, we black out the news that DBS is paying the HKers, and our ministers instead urge the people not to file lawsuits.

it's a simple question: how can those who are at the top, most of whom have never even lived in a HDB flat, know how much a recession afflicts the poor and middle-class? They're still making their 1.9mil salary (up from 1.2mil before, nice jump of 50% increase, while wage earners see inflation eating away their salaries), their money is not the CPF scheme.

The people at the top only see the 'big picture'. ie, bring in more foreigners. Already, as singaporeans, we're minorities in our own country. the idea of funds is to make money: who would care if they make it from the unknowing retailers? only the bottom line counts. That's why we're Singapore Inc, and not a "homeland" or "motherland".

knightbridge      ( Date: 28-Oct-2008 16:02) Posted: Sooner or later the government around the world will realise they need to stability in the market. First got to hold the index stock to create some form of confidence and stability. (20 billion should be enough for singapore to hold the index at certain level) Same will currency cannot let them have big swing up and down, bad for business hard to do big trade around the world. Singapore small market easy to hold the index. Pool a big group of savvy business man and government funds, will cause the market to rebound. Then retail investor will bang their heads why fear got into them and sell so low, start buying again. If market fall 100 pts every day, 15 days later no more. If you are holding sin dollar might as well use as joss paper. We are still a small country u noe. I urge investor to support the market. Sooner or later,, people will find no where to put their cash for good return will come back to equities. If happen that inflation kick in recession, holding cash will be burnt also. Like u see the australians, sudden drop in Australia dollar buy foreign goods also feel the pinch cost 30% more.

 

ha ha now is show time. what to do ah????? interesting liao.

STI seesawing since market opened.

 

Market pricing is a funny thing, i guess alot of things are price according to human behaviour. If everyone thinks it is expensive, it will be expensive. If no one wants a item, no matter what the intrinsic value it will be cheap.

It like rice when there is a supply shortage, people rush in to NTUC fairprice and buy many packets at high price. Now the demand stabilises, nobody wants to buy even the price have come down because they think it will be cheaper down the road. Those who brought many packet of rice at high price, start to give away some free realising that he dun need so many packet of rice in the first place.

Market perception of the stock will change in time to come. When market is blooming, investor expect the stock to make tons of money start buying at high price. When the market is gloomy, the stocks is still making money no people wants it even the price have comes off the charts still no people wants to buy. (Human Behaviour in the making)

 

Unfortunately, our strengths are limited. Mr Market is still the final say. Flow with it. Don't resist it.

ekekeg      ( Date: 29-Oct-2008 08:30) Posted: I appreciate your noble thoughts.  I also think we should support our stock market.  knightbridge      ( Date: 28-Oct-2008 16:02) Posted: Sooner or later the government around the world will realise they need to stability in the market. First got to hold the index stock to create some form of confidence and stability. (20 billion should be enough for singapore to hold the index at certain level) Same will currency cannot let them have big swing up and down, bad for business hard to do big trade around the world. Singapore small market easy to hold the index. Pool a big group of savvy business man and government funds, will cause the market to rebound. Then retail investor will bang their heads why fear got into them and sell so low, start buying again. If market fall 100 pts every day, 15 days later no more. If you are holding sin dollar might as well use as joss paper. We are still a small country u noe. I urge investor to support the market. Sooner or later,, people will find no where to put their cash for good return will come back to equities. If happen that inflation kick in recession, holding cash will be burnt also. Like u see the australians, sudden drop in Australia dollar buy foreign goods also feel the pinch cost 30% more.

 

I appreciate your noble thoughts.  I also think we should support our stock market. 

knightbridge      ( Date: 28-Oct-2008 16:02) Posted: Sooner or later the government around the world will realise they need to stability in the market. First got to hold the index stock to create some form of confidence and stability. (20 billion should be enough for singapore to hold the index at certain level) Same will currency cannot let them have big swing up and down, bad for business hard to do big trade around the world. Singapore small market easy to hold the index. Pool a big group of savvy business man and government funds, will cause the market to rebound. Then retail investor will bang their heads why fear got into them and sell so low, start buying again. If market fall 100 pts every day, 15 days later no more. If you are holding sin dollar might as well use as joss paper. We are still a small country u noe. I urge investor to support the market. Sooner or later,, people will find no where to put their cash for good return will come back to equities. If happen that inflation kick in recession, holding cash will be burnt also. Like u see the australians, sudden drop in Australia dollar buy foreign goods also feel the pinch cost 30% more.

 

Tks for the encouragement. However, just needs to share what is or are your views thats make STI to climb by end this week?

AK agreed the US president election may stirr some wave in DJ in the coming weeks and subsequently affect the ASIAN markets. But  with the current market sentiments, AK really don't see any strong reason why market can go up loh???