
Maybe should say it is a healthy deep correction... Crash seems too seriuos... lol
yummygd ( Date: 16-May-2011 10:25) Posted:
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I dun do short. now im very careful not contra-in anything. like that very scary.
Isolator ( Date: 16-May-2011 10:20) Posted:
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no one can tell but it should be soon... Just make sure you have more SHORT position than Long to have peace of sleep...
yummygd ( Date: 16-May-2011 10:15) Posted:
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ai ya our GDP so high singapore now so rich. hdb earn till siao. give these two old ah gong money to spend lor. but good la now we can save some more money. but hor think about it. E KING has stepped down. now e Crown Prince finally ascended lei. shouldnt it be a public holiday?
SGG_SGG ( Date: 16-May-2011 09:56) Posted:
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around august timing? u expect USA to default right
Isolator ( Date: 16-May-2011 09:53) Posted:
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Them stepping down will not have any impact. About time too. I wld say good timing.
 
SM - Simple Money
MM - More Money
SGG_SGG ( Date: 16-May-2011 09:56) Posted:
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If market stay above 3K should be alright...
Mai ruan ruan lai...
QE2 ends in June will hv some  effect although some wld say it is already factored in.
The excess liquidity is just not there.
Hulumas ( Date: 16-May-2011 09:44) Posted:
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Tiok!
And besides, again, they still holding MP position... so means what? Must have special pay for MM and SM " advise" ah? Cannot give in capacity of MP meh?
Please lah... don't make me vomit blood!
In the first place what the heck Singapore have these two SM and MM position for ah?
numero05 ( Date: 16-May-2011 09:51) Posted:
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The older  minister should have stepped down 10years ago... Seems a bit too late but still got hope...
Markets crash is soon.... but it will caught you in surprise.... lol
rickyw ( Date: 16-May-2011 09:47) Posted:
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I do not see any impact on global stock markets.
We have seen worst financial crisis before.
They pegged their salary to Private Sector.
But private sector dont have pension. If  step down/lost job (lost election) means no more salary.
But PAP government has Pension on top of salary - and worse at age 55 when ordinary singaporeans have to wait to 62 / 65 (and keep on increasing - so work till die).  We lose job can still take salary?
Ask yourself " Private Sector - Got Chairman, CEO  and still  must have  Mentor Chairman and Senior Chairman or not??
If you think that  system/market    will  " collapse" just becos  MM and SM step down  means PM is not  able to do his job (and has not been doing his job - means someone else do the thinking for him ??? )
Lastly - think of all the millions we are saving from not having to pay all these people.
(remember still have to pay them pension hor).
Market up/down - cos of many factors and not attributed to MM/SM step down..
It wont crash now lar...
Hulumas ( Date: 16-May-2011 09:44) Posted:
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But, trillions of free interest USD are floating around in the global market. So . . . . . . . .  
ruanlai ( Date: 16-May-2011 09:01) Posted:
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if the stepping down of the 2 seasoned ministers gonna have an impact of our sg stock market, then it shouldn't have happened.  reason being that the election as a whole is more important than this matter.  the election results did not have much impact on the movement of sg stock market, so do you think the stepping down of the 2 seasoned ministers will create a big hoohaa?
The day after tomorrow?
pharoah88 ( Date: 16-May-2011 09:23) Posted:
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Correct.. if the market crash becoz of these two positions, then I really pity Singapore, pathetic place with a pathetic government? Depend on two old men's created positions for successs?
DOn't forget... MM and SM are created positions! ANd these two old coots will still be MPs. Why should market crash??? If media report like that means they telling me LHL is that pathetic a leader!
numero05 ( Date: 16-May-2011 09:33) Posted:
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From Straits Times - Money Markets Page B11
Few are worried about any impact on the market following the decision by Minister Mentor Lee Kuan Yew and SeniorMinister Goh Chok Tong to leave Cabinet. This is because they believe the Government could still tap their considerable expertise.
Instead they are more worried over market developments internationally, like the drier times they may face after next month when the United States central bank turns off the tap on the cheap money that had stock market rally in the past two years.
 
Market down more cos of outside factors than these two stepping down.
tO mO r r O w ?
ruanlai ( Date: 16-May-2011 09:01) Posted:
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