Others   

DOW

my boss said can shake leg liao... 8.0.... 8.3.... 

 

 

my boss said 8.0 will stay... hehe.... 

 

juz had beer session with my boss....

my boss said something to think about this dilemma...

1. USD weak good for company....

2. company market cap in USD.... no good to attract investor....

so when the see saw will reach a balance....

me listen liao blur blur... dilemma.... ma... ma... hehe...

 

China and Japan are different placing the strategy towards their  wealth investment fund. Japan invested heavily last time to US while Japanese interest rate down, on the contrary China spends and invests its own infrastructure stimulate domestic demand and attracted global money inflow by selling bonds while Chinese Yuan interest rate down. So the effect should be different of course! It is time to invests to China equity this time round at least through the next century!!!

cheongwee      ( Date: 24-May-2009 00:20) Posted: current dollar weakness right now is due to ppl selling dollar and putting into stock,..their risk appetite have increase tremendously. ppl always say US dollar is weak,,but it is traded in a basket of currency which are even weaker.. dont forget other CB are also printing lot of money to stimulus their economies...if u look at Europe they are even worse..if look at Asia..their stock collapse more then US... so who is weak???..US or the rest of the world.. with US comsumption demand evaporated, all Asian export oriented economies have come to a standstill.. so if no US pickup, the world will never recover...MM Lee said US must grow 1 % before we can pickup...he is right...China got to sell...and if it biggest buyer US is down, do u thk they can grow. can u change the chinese trifty way of life overnite, call them to turn consumer to generate domestic demand? look at Japan, even with int rate so low, the Japanese also refuse to spent, they are saver, u cannot change their habit..so are the chinese.

 

current dollar weakness right now is due to ppl selling dollar and putting into stock,..their risk appetite have increase tremendously.

ppl always say US dollar is weak,,but it is traded in a basket of currency which are even weaker..

dont forget other CB are also printing lot of money to stimulus their economies...if u look at Europe they are even worse..if look at Asia..their stock collapse more then US...

so who is weak???..US or the rest of the world..

with US comsumption demand evaporated, all Asian export oriented economies have come to a standstill..

so if no US pickup, the world will never recover...MM Lee said US must grow 1 % before we can pickup...he is right...China got to sell...and if it biggest buyer US is down, do u thk they can grow.

can u change the chinese trifty way of life overnite, call them to turn consumer to generate domestic demand?

look at Japan, even with int rate so low, the Japanese also refuse to spent, they are saver, u cannot change their habit..so are the chinese.

 

 

 

Highly important GDP report out next Friday on US economy. Do be cautious...

 

stagflation is every economy's fear.

cheongwee      ( Date: 23-May-2009 00:16) Posted: printing money can work is ok, but if alot of printed money will cause high inflation later, which are also bad for stock.... worse still, if after printing so much money and cannot generate demand, and those money ended up chasing commodities, include oil to high px, like last year..($147)..then we will have the worse fear materialise.. STAGFLATION...yes..this is what CB worse nightmare...they not scare inflation or deflation..they are scare of stagflation... then , we will have a long L-shape recovery..

 

Ok thks, will consult my trader on that. Can I ask if we can buy from banks as well? Thks for your advice of caution, will take note.

 

I should think the simplest way is to open a spot gold/fx trading account with eg. POEMS.

But before you do that, you have to appreciate that even with all the glamourous yellow glitter of gold,
just like any commodity and currency, you can also lose more than your pants...  

 

Hey seniors, anyone can give a short intro to buying GOLD? Where to get and the best way to gain exposure? Thks!

 

This (primting new money) will still work until a few more new presidents come and go ie for another decade or two...

Thus, it is reasonably certain the present strong uptrend will charge ahead relentlessly for a while yet...

DnApeh      ( Date: 22-May-2009 23:57) Posted: My view is that the prices of stocks, precious metal, oil, property, cars, etc will go up together because the central banks are printing money non-stop. Everything is of limited supply, except money........

 

release snake.... hehe....  

short.... short.... short..... 

 

printing money can work is ok, but if alot of printed money will cause high inflation later, which are also bad for stock....

worse still, if after printing so much money and cannot generate demand, and those money ended up chasing commodities, include oil to high px, like last year..($147)..then we will have the worse fear materialise..

STAGFLATION...yes..this is what CB worse nightmare...they not scare inflation or deflation..they are scare of stagflation...

then , we will have a long L-shape recovery..

 

My view is that the prices of stocks, precious metal, oil, property, cars, etc will go up together because the central banks are printing money non-stop. Everything is of limited supply, except money........

 

no..no..no...dont short dow...correction over...short gold..gold have similar trading pattern since 2003...and i dont see any different this year....gold will correct till sept...

dow will soar, ..u know why dollar is dropping like a stone now???

that is because , money is finding it waty back into Aisa, ..ppl risk appetite have increase..they are moving away fr dollar into stock..

pls tell your boss....faster..

handon      ( Date: 22-May-2009 21:29) Posted: if dow up... gold up.... perpare to short dow... hehe....

 

 dow > 8,300 wud b good 4 bulls.

 

my boss said 68.5% confidence..... dow under 8.3.... hehe....

free to short....

 

if dow up... gold up.... perpare to short dow... hehe.... 

 

cover... gold up.... dun play play.... hehe... 

 

how is it possible tat   u  r  able 2 be surprised??? tis is most surprising.

handon      ( Date: 21-May-2009 21:43) Posted: surprise that my boss said long a bit is ok.... hehe...