GoldenAgr

Not to worry as any price drop to 70cents is based on charts but based on fundamentals there should be strong buying support.There are excess liquidity and palm oil prices as reflected on futures are on the uptrend.

So is time to accumulate.

My 2 cents about the book, which was published in end 2009...

He predicts the following: "The economy appears to recover from the subprime crisis and minor recession by mid-2009 -- the calm before the real storm. Stock prices start to crash again between mid- and late 2009 into late 2010, and likely finally bottom around mid-2012 -- between Dow 3,800 and 7,200. The economy enters a deeper depression between mid-2010 and early 2011, likely extending off and on into late 2012 or mid-2013."

Anyway his predictions seemed inaccurate as the economy did not crash out last year. We're seeing real signs of recovery like increasing jobs, spending and optimism in general, especially in Asia. I don't think we have reached the point of an economic bubble that would burst anytime and cause all this progress to be wiped out. While a double dip economy is definitely possible, we could try to anticipate to see what could likely cause an even deeper depression... Crash in property prices? Toxic debts? I can't really think of any that even seem remotely probable at this point, but I could be wrong. What are your views?

I read an article (can't remember the name of the article) that STI will be sideway in the late week. Cos' of this fear arises and didn't enter this morning... Not much capital to hold if got stuck again... :(

What's your view of the direction this week?

Thanks

Isolator      ( Date: 24-Jan-2011 14:04) Posted: Yes.. still can enter more when needed... Expect the unexpected! crystal1818      ( Date: 24-Jan-2011 13:33) Posted: Got it. So, you still holding Gar huh?