Economy slowdown

[Exciter101]

Originally Posted by hamlinlau

Bro Jit... I never zap you lah...

We are both creaming money from the system, we share some basic principles but we have very different trading styles. A big group of singaporeans will learn and make a living from it. Some wont... good luck all.

Big Boss zappppp us liao

Me kanna zap too....

[jit singapore 1]

Hehe, will stop talking abt share stock in this forum, since boss zap me and ask me to keep quiet.....

[jit singapore 1]

[QUOTE=hamlinlau;3125730]Bro Jit... I never zap you lah...

Hi bro hamlinlau, I never said you zap me la.... We just share our opinion here mah Think we better stop here. Cheers and wish you have a happy day and don't too 在意 about the ZAPpppppppp Anyway I just make some quick $$$, hehe. Oh ohhhhh....better stop now or else will kena Zap again

[Offspring]

Off topic post - sam

***

[chongchongchong]

dear all,

can any seniors share with me what cause 1997 recession,...

cos that time i am in NS,pay,eat,stay by government,so just not my problem..but not this time..

i just want to know what happened last time...maybe seniors can just share the link,then i read myself...

thank you!

[Bonker911]

You can read about it here:

1997 Asian Financial Crisis - Wikipedia, the free encyclopedia

Better to read about the 1929 Great Depression...

Wall Street Crash of 1929 - Wikipedia, the free encyclopedia

Some say the current credit crisis is more akin to the Panic of 1873

Panic of 1873 - Wikipedia, the free encyclopedia

[chongchongchong]

tks bro..

[joew2005]

i also feel frustrated................
but me jz like all sg ppl, complain complain only 2 frds or talk it out at the coffee shop only.
there ain't anything we k do abt it.
we r the most "obedient" citizen in the whole world.

[hamlinlau]

STI @ 1750 and just the DEBUT!!!!!!!

[SpiderWolf]

Is rich ppl getting richer now? They will not keep their cash under their bed therefore they will invest in everything they can find but their asset maybe worth 1/4 over night during time like this. Whereas poor ppl got nothing to loss. $50 in their wallet will still remain $50. Inflation may affect on the poor but isn't the rich paying for them as well?

Most bros say wait til market at rock bottom than start buying but when will it reach the bottom? That is why this crisis is call they ' Confidence Crisis' cos no one buying while 'waiting for the time to come' cos they got no confidence in the market. Unless the market has got nothing to do with consumers.

I think do homework is useless cos all company dun follow the graph or chart to do biz. And normally company will not disclose anything to the market til they are in trouble. If you know before hand CPIB will come knocking your door and label 'your investment' as insider info trading. Too late than you will miss the chance.

Singapore living standard is high compare to other countries. Cos those countries feed ppl if they are not working/ poor and ect... subside almost on everything if their ppl cannot afford. Our gov only state the bad points but never the good. Come to think of it, if our gov never break their promises before will we suffer more now.

My 2 cent.
Zap me if i am wrong. Zap me more if i am right. LoL

[Ho-Lee]

Went to GL last weekend and saw business of the Fls are very good guess is link to the recent stock market rallies. Guess the recession is making an U turn soon.

[spinner_kl]

Market likeour babes..once it is fresh and just listed. Many in and out.( buy sell) , after a while got lose one...then not popular...out of favour.
Some knows how to keep fit, some spend their money elsewhere...so the stock is not longer wanted...

When you see many people in and out. You got cash go enjoy...

After all, it is a choice of satisfactions.

[84gunner]

Originally Posted by Ho-Lee

Went to GL last weekend and saw business of the Fls are very good guess is link to the recent stock market rallies. Guess the recession is making an U turn soon.

Recession making u-turn? Where got so soon, Govt & Ministers globally still having big headache! The recent stock market upturn is only more of a technical rebound, the shares drop too much already. Especially the blue chips in SGP, they are mostly owned by Temasek, many of these companies will buy-back / prop-up their share prices. Partly not to let it drop so much until everyone panic & join the selling.

U can expect the stock market to drop again soon...

[andyk]

[QUOTE=SpiderWolf;3170116]Is rich ppl getting richer now?.....

-> Hey Bro SpiderWolf !
Actually the recent stock market crash have affected mostly the RICH PPL,they were really caught with the fast sudden tragic market news....many clients in Private Banks have to sell their houses,cars,etc to pay off losses ! And many rich folks are "sitting on paper losses"....You can read even the Country Clubs prices have all return to quite low levels !!!....

-> Next year with many new apartments TOP,there'll be many defaulters that can pay up,then developer have to see at current market prices !!!

-> Rich Doctors that have brought their Ferrari,Bently,Lambos..."lost big time in the stock market too !!!"....so will sell all this too ! ( Better Not get sick or else all these doctors will go all out to sell you expensive drugs,treatments to make up for their losses !!! )....

Best Advice - Best not to do any investment because there will be "bargains / cheap or fire sales" in the coming months !!! Do read up more about past stock market crashes to enrich yourself !!!

Cheers !!!
Andyk

[andyk]

[QUOTE=andyk;3218620][QUOTE=SpiderWolf;3170116]Is rich ppl getting richer now?.....

-> Sorry i typed too fast earlier,it should be -

-> Next year with many new apartments will TOP,there'll be many defaulters that CAN'T pay up,then developer have to SELL at current market prices !!!

-> In addition many Developers are currently "keeping silent on Defaulters or those that quit payment" on any recent or on-going properties that TOP or have Deferred Payment packages.Because they feared it'll caused a panick with other buyers to follow suit !

-> In fact after the Lehman / AIG crisis,other Banks liked Citibanks too have many "uncles & aunties" cancelling all "any investment products at losses to avoid any similar problems !" They rather have their peace of mind knowing how much monies they still have !.....