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Alot of shares seems to be heavily sold down

No need to trust news too much. AFX news reported Cosco tgt $9.09. Then why is Cosco 5.55 now?

 

 

a report by Morgan Stanley on 6 Jan said that "The US is now approaching - possibly already in - a recession" "This wil be the only thing that will matter for investors over the next few quarters. As a result, the bear market in risk assets, which in hindsight started two months ago, has much further to run, in my view. In short, it's time to sell."

That's enough to send chill down the spine. He dared said what everyone did not (all the others are still worrying if recession is a possibility). Remember that woman who singularly called sell on Citigroup few months back... hmm she became a hero when her prediction came true just days later.

 

Terence: maybe it's a Friday?

 

Yeah. Market forces always talking rubbish.

Cut interest rates sometimes they interpret as recession coming, sometimes they interpret as good for business.

Be a human also them, be a ghost also them

 

it's up to them (market forces) to talk....subprime, election, oil price... 

 

My broker asked me to exit. I think STI breaching support level.

Ah Moh problem become our problem also....Asian really lose face....

 

Was watching the STI, was up 36 points, then in just 2 minutes it was up only 6 points. Best place to park your money is commodities, such as gold and palm oil.

 

Looks like a tsunami coming.

 

Same old shit....later they probably will say somethg like over corrected and buy back all the shares at lower price......same old tactic.

 

I checked with my broker. He said same old shit subprime problem. %$#@= !!!

 

Anyone heard any latest news???? Alot of shares seems to be sold down today.