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He proposed a US$150B stimulus package.....when is this money coming into the market?
Yap...the Bear will make its round to Asia today after ramping the Dow 307 points in the red....
STI will vomit out all the gains it make thru the rebound...
Worse, the Fed Reserve Chairman Ben called for economic stimulus package confirmed the "health" condition in US......
Worse than what has been expected in Aug when sub-prime was announced.
Contrasting picture in Asia vs Europe & US, seems like the Bear went over to that side and might revisit Asia sooner than expected ......
The back of the PIG (shit) usually is really stinky.....just picture yourself in the OLD Punggol.
it's the tail of the PIG.......the rat has yet to come...only on 7 Feb
I am hoping for neither bull nor bear now.
What shall I hope for?
Hopefully it it rat or mice............. sideway to consolidate first. And then............
cashiertan, I admire your optimism in such time ....
However, the "COMBO" shown with the STI dropping drastically, is this the start of BEAR slashing anyone in its way??? Can see RED all across the region with most falling 2 - 5% today.
Drastic with more to come??? High possibilities await....
This fri is option expiry. expect fierce drop and strong rebounce. i thinking we may see a good cny rally
Yes, now is bear time but i also know the govt in the world will dump their holdings of USD reserve to buy the Shares of US companies and hence bail it out. However it seem i cant help it as they have to do a Dip to flush the weak long players out. Those in cash better hold it 1st and buy at bottom as u will get bargain
Bear is really on the prowl....red everywhere....
Citibank loses almost $10B in the 4 Qtr ......
"Citigroup's $18.1 billion writedown was significantly wider than the $6 billion writedown it took in the third quarter last year, and bigger than the $8 billion to $11 billion it guessed in October that it would take for the fourth quarter.
Citigroup said as of Dec. 31, it had a total of $37.3 billion in direct subprime mortgage exposure, down from $54.6 billion three months prior."
more to come????
It's a Spanish bull...strong one...never say die.....hahaha
The bear is definately here however we still have chance that the BEATEN bull will linger around at the scene for a few weeks, hope it linger for a longer time frame,
cheers
guys...u may wanna check out these 2 videos
-
http://edition.cnn.com/video/#/video/business/2008/01/10/intv.recession.no.motives.harrison.cnn
- http://edition.cnn.com/video/#/video/business/2008/01/11/yoon.china.recession.proof.cnn
US investors hold 16% of SGX cap.....good???
Worrying??? Imagine the possibilities when substantial part being recall back ..... it will be eye boggling
showering red...but always got a few counters in the green...wonder wad are these in the upcoming monday
Double whammy if recession is round the corner and the Bear crawling all over...
Pension, why mid cap and not across the board???
Sentiment is becoming negative by the day, on top of that dominoes effect snowballing......HOW???
this monday, mid cap will experience heavy selling. trade with care.
This is the time to be very selective in choice of counters.
There are gems that rise in bad times too... This can be very glaringly obvious in the charts... 
