It no longer just Looks like its getting really serious.....
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[quote]Originally posted by phil30k:
Andrew,
May I sugguest you create "reserved" posts at the start of your thread. Then cut paste subsequent information into those posts.
I find your threads full of useful information but having to skim though all those pages is giving me a headache.
Thanks.[/...quote]good idea... Except I can't do that until a new page has started...
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...their internal auditors forced them to write off billions and when the external auditors come in we might see more write downs...Originally posted by googoomuck:Citi Loses Almost $10B, Slashes Dividend
By MADLEN READ,AP Business Writer AP - 2 hours 10 minutes ago
NEW YORK - Citigroup Inc. lost almost $10 billion in last year's final three months, the largest quarterly deficit in its 196-year history, and slashed its dividend and 4,200 jobs as it recorded a mammoth write-down for bad bets on the mortgage industry.
http://sg.news.yahoo.com/ap/20080115/twl-citigroup-1be00ca.html -
Oh, OK. I thought you were trying to encourage people to speculate in gold contracts... which would be a really stupid thing for most people to do.Originally posted by Love Supreme:There are many ways you can invest in gold, you can buy physical gold bar or coins, invest in stocks of gold related companies like mining or goldsmith, buy a gold certificate from the bank, trade on SGX.
I am surprise that gold is not part of your investment portfolio. -
Will we see another 1997 style currency crisis?
Stay tuned!!!!!! -
Will we see a stock market crisis not seen for a few generation?
Stay tuned!!!!!! -
It no longer just Looks like its getting really serious..... >
I hope you have been taking my advice and have not been listening to the idiots.
Stay clear of the stock markets! (I have my reasons to ask you to stay clear, and not to try to pick.) -
Investors are cool, Gamblers are desperate
www.casinogamblingprevention.com
Andrew PK Yap (author of Casino Gambling, Trading Stocks... and Concepts for Skillful Decision-Making) -
... and never forget the role the despots plays in all these... taking as much money from the people as possible and putting Singaporeans into as much debt as possible...
...profit from Singaporeans and losing the money to foreigners. -
In 2006 I warned that the despots are making property prices rise and it will hurt Singaporeans when prices started to move up but did the despots care?
Property Prices Rise at our expense - By Andrew PK Yap
You think despots care for you????? They only care for their own families and cronies.
They build casinos even though it will destroy many families. They take millions in public money for their salaries and increase them with more millions while at the same time they implement 'means testing' when you fall sick.
Dr Chee, if you want real change or WP and Chiam, if you want slow change... support despots, if you like to have as much of your money taken away from you as possible and you like the despots to put you into as much debt as possible. -
It is my firm belief that everything needed to prove Andrew to be a fanatic idiot can be found directly from his own posts.Originally posted by AndrewPKYap:In 2006 I warned that the despots are making property prices rise and it will hurt Singaporeans when prices started to move up but did the despots care?
You think despots care for you????? They only care for their own families and cronies.
They build casinos even though it will destroy many families. They take millions in public money for their salaries and increase them with more millions while at the same time they implement 'means testing' when you fall sick.
Dr Chee, if you want real change or WP and Chiam, if you want slow change... support despots, if you like to have as much of your money taken away from you as possible and you like the despots to put you into as much debt as possible. -
Again, I urge anyone who has even the slightest faith in Andrew's market knowledge and predictive powers to ask him a simple question:
If you are confident of a market crash, are you currently in a shorting position?
If not, why are you not following your read on the market? Do you lack confidence in your own analysis?
I recall a personal story that happened a few months back. My mom had then just met this "investment guru" who was always apparently spot on in his choice of investments(like Andrew, he only claimed victories after the market had reacted). So anyway, my mom requested I have lunch with this man.
If you recall correctly, the price of crude was hovering just below 80 dollars a barrel for several days. One of his many "students" was just asking him if she should invest in crude when I arrived. I was fascinated to hear him break down that question into many fundamentally sound points. He spent about 20 minutes pointing out the fundamental reasons why crude would never rise above 80. In fact, he downright predicted that it would fall back to 60 soon.
I was quite impressed really, until I finally got a chance to ask him a question.
"How much are you investing, shorting the crude market?" i asked.
His reply shocked me. "I never short. It's too dangerous."
Now, I never look down at a man who makes a wrong read on the markets. Everyone does it. In fact, a good trader is one who is right 65% of the time. That's a lot of bad reads. The thing that shocked me was that he wasn't acting on his read. This is such a telling fact that can only mean one thing. He's not confident of his own predictions.
If a man is not confident of his own predictions. Why the hell are you listening to him? Sure enough, the price of crude rose that very week. And we all know it has yet to come down to 60.
That's the thing about listening to "investment gurus". They may give you advice, but do you know if they're actually confident enough to invest according to their own advice?
By the way, Andrew is a fundamentalist. I have no idea why he's talking about trends. Apparently, TA is only good when it can be used to make fun of his opponents. -
Temasek will come to the rescue again, pumping in more of Singaporean's money.Originally posted by AndrewPKYap:...their internal auditors forced them to write off billions and when the external auditors come in we might see more write downs... -
Originally posted by googoomuck:Temasek will come to the rescue again, pumping in more of Singaporean's money.
Actually if you read the newspaper, it is so opaque and so rah rah... you don't really know the truth....
... they just refuse to be transparent with a
'and so, what are you going to do about it?'
Well, we can support Dr Chee to stop the despots from squandering our money and that is what we can do about it!
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the only reason you guys have trouble seeing the value of bailing out foreign banks with local money is really that you are currently unable to see beyond the short term.
National funds are long term players. They play the long game.
Consider a simple game of monopoly. There are limited land slots on the board. By the time we hit mid-game, the land is worth more than it's stated value. Why is it so? It's because it's virtually impossible to buy that land without some form of leverage, thus multiplying it's true value many times over it's stated value.
Same thing with investing in big foreign banks. To the casual observer, the government might be senselessly pumping in huge amounts of money into a foreign asset. But one might ask themselves...if they banks weren't in the trouble they are currently in now, would we even have the CHANCE to buy a stake?
Buying in now is like overpaying for a slot in the monopoly game. It may not turn a profit yet, but at least we're now in the door. The opportunity came knocking, and we would be fools not to take it.
Remember, when the market's doing well, there is no way we're gaining such a huge stake in the big foreign banks. The fact that it is only in bad markets that such opportunities appear is the reason you're all thinking the gov is buying high to sell low. It's a classic example of confusing cause and effect.
The kicker is, if Andrew is what he claims he is, HE MUST KNOW THIS. So either he is deliberately misleading everyone to garner doubt in the current administration, or he really is the incompetent faker I picture him to be. -
There is no need for me to say anything in defense. I just let the figures give the idiot a tight slap on his stupid face....
...an insane cowardly idiot will always remain an insane cowardly idiot that issues empty threats... -
so, how much did you earn today shorting the STI?
or were you not confident enough to follow through on your own predictions?
I should also say that there is also nothing you CAN say in your defence.
You have proven yourself to be a manipulative, vindictive, evil fiend over the months we have crossed swords in this forum. -
....the idiot is obviously trying to promote futures speculation on the innocent public.Originally posted by deathbait:so, how much did you earn today shorting the STI?
or were you not confident enough to follow through on your own predictions?
I should also say that there is also nothing you CAN say in your defence.
You have proven yourself to be a manipulative, vindictive, evil fiend over the months we have crossed swords in this forum.
...that's rich coming from an insane cowardly threat issuing idiot....
Coward... making empty threats. (What a laugh... 'hang on tight, it's going to be a rough ride')Originally posted by deathbait: 25 November 2007 · 07:54 AM (page 14)On a sidenote, I think it is fair to inform you that processes are already underway in regards to your failure to apologise for delibrately misleading the public for financial gain. . Like i said, hang on tight, it's going to be a rough ride.
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cute
considering i've never promoted speculation(you have, by the way...with that thai baht fiasco)
I've hardly ever even talked about futures. You sure like to put half truths into other's mouths.
As for the so called "threat"....you can take what you want from it. One thing you can't do is say I never warned you.
All I've ever advised ppl to do was to calculate the odds before investing(and also to disregard everything you say). U on the other hand have...
1) promoted the importance of insiders information
2) downplayed the importance of knowing the odds
3) predict the market crashes every other week
4) played around with charts to make everyday seem like doomsday(out of context charts tend to do that)
5) outright lied about things that forumers have pointed out
6) proven you know less about gambling than the stock market. -
another new day and another tight slap on the faces of the idiots....
.. the slap in your face, feel it, idiots?
deathbait
soul_rage
chin eng
hloc
Timmay
lagrangian1125
CX -
Don't you think that it is time you wake up with the relentless slaps on your idiotic faces and stop the propaganda the Singapore mass media is spreading?
Don't you think that it is time you wake up with the relentless slaps on your idiotic faces and stop the despots from taking as much as possible the people's money and to stop them from putting Singaporeans into as much debt as possible? -
Good Morning everybody..... Another great sunny morning
Today is Day 68 since dear Andrew started telling us a Stock Market Melt-Down is 'about' to come.... which had yet to happen.....
For those not sure who Andrew is...... he is the Author of a book that couldn't be found anywhere..... But I'm getting his 1st book for $10. I need coaster for my Coffee Mug.
Has Billions of dollars been wipeout as Andrew claim.......
Highly possible.... but mainly 'Paper Loss' only. CITI Group is now brorrowing Money from S'pore Govt...... which would shows that CITI Group (US biggest Bank) is not about to close anytime soon..... UBS also......
Lets put it this way...... Homegrown maker of MP3 player - Creative - have been losing market value as long as I could remember..... yet Creative is still around.
My advise to all - Live simple, don't overspent & reduce all debt ASAP..... -
Originally posted by hloc:
The markets slapped this one the face for so many times and he continues in his delusions.... looks like only IMH can help this one.
Good Morning everybody..... Another great sunny morning
Today is [b]Day 68 since dear Andrew started telling us a Stock Market Melt-Down is 'about' to come.... which had yet to happen.....
For those not sure who Andrew is...... he is the Author of a book that couldn't be found anywhere..... But I'm getting his 1st book for $10. I need coaster for my Coffee Mug.
Has Billions of dollars been wipeout as Andrew claim....... Highly possible.... but mainly 'Paper Loss' only. CITI Group is now brorrowing Money from S'pore Govt...... which would shows that CITI Group (US biggest Bank) is not about to close anytime soon..... UBS also......
Lets put it this way...... Homegrown maker of MP3 player - Creative - have been losing market value as long as I could remember..... yet Creative is still around.
My advise to all - Live simple, don't overspent & reduce all debt ASAP..... [/b]Originally posted by hloc:
Yet to happen?
Good Morning everybody..... Another great sunny morning
Today is [b]Day 68 since dear Andrew started telling us a Stock Market Melt-Down is 'about' to come.... which had yet to happen..... I think IMH does not provide newspapers for him to read.Originally posted by hloc:
He doubts that 'Billions of dollars been wipeout'
Good Morning everybody..... Another great sunny morning
Has Billions of dollars been wipeout as Andrew claim....... Highly possible.... I guess IMH really does not provide him with newspapers to read.Originally posted by hloc:
''Paper Loss' only'?
[b]Good Morning everybody..... Another great sunny morning
but mainly 'Paper Loss' only. I guess IMH patients are not allowed to use their ''Paper only" as collateral to borrow money from banks and that is why he thinks it is ''Paper Loss' only.Originally posted by hloc:
...and only IMH patients would think that if there are no risks involved, CITI Group could not get the money from people like Bill Gates or Warren Buffet and need to get from idiots in Asia and Middles East... BTW even China rejected CITI group.
[b]CITI Group is now brorrowing Money from S'pore Govt...... which would shows that CITI Group (US biggest Bank) is not about to close anytime soon..... UBS also......
This IMH patient just swallows propaganda hook line and sinker and he concludes that it is a good deal when the despots hide critical details like what the conversion price is.Originally posted by hloc:
Let's put it this way, only an IMH patient would consider 'losing market value as long as I could remember' is admirable.
[b]Lets put it this way...... Homegrown maker of MP3 player - [b]Creative - have been losing market value as long as I could remember..... yet Creative is still around.Originally posted by hloc:
I guess IMH patients can give advise like 'live simple' and do not try to invest your money.... because IMH gives free food to their patients.
My advise to all - Live simple, don't overspent & reduce all debt ASAP..... -
The markets just delivered another tight slap on the faces of the idiots.... -
While reading thru the pages I came across the word "hypomania" posted on 14.1.08 at 9.50 am. Out of curiousity, I checked Google on the word "hypomania" & omg the contents I read reminds me of someone.
So anyone who wants to learn more, please check the word & see what is your reaction. -
I didn't think that you too would want the markets to slap you in the face before you wake up....Originally posted by richong 3216:While reading thru the pages I came across the word "hypomania" posted on 14.1.08 at 9.50 am. Out of curiousity, I checked Google on the word "hypomania" & omg the contents I read reminds me of someone.
So anyone who wants to learn more, please check the word & see what is your reaction.