BTW you people know that the market crashed today?
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OK a few more hours before the markets open..... how bad will it be?
Remember, watch your stocks and not the index.
The index can be manipulated to make things look better than it really is.
When you borrow money to buy, you don't increase your chances of making money. You increase your chance of losing everything. -
me tried to take ques frm the us market b4 lo. but it's not always accurate... den me discover sg market slowly decoupling wif the us market.
then me noticed many many red chips listed on sgx these 2 yrs... any sniffs frm shanghai... most likely sg market will b affected oso. -
Knowing some things, like whether the Singapore market takes its ques from the US or Shanghai markets is useless de... read about this in my book....
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u know wad is yi de fu ren anot?
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I know what is false knowledge/false beliefs...
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but the things u say dun seem to be true leh... where got convincing power?
black cat white cat... can catch mouse one is gd cat -
ahhh but what if you think you have a black or white cat but the reality is that you have a civic cat that gives your SARS?
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time will tell lo.
i tink i too much time today.
actually spend time telling u these... u carry on bah -
Not really what, the forum is for people to help each other discover the delusions n their heads by seeking an objective view from more qualified people.
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Time for me to plan a holiday in Singapore if the SGD slums against AUD more. That is what I am going to do.
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Your dream might come true sooner rather than later... their last hope is the casino, they have run out of ideas... but their last hope might be the last straw.... when many families suffer from the curse of the casino.Originally posted by fymk:Time for me to plan a holiday in Singapore if the SGD slums against AUD more. That is what I am going to do.
Wake up people, you have voted in a regime that is willing to destroy the nation in order to protect their own self interest, their party interests and the interest of possibly the most dishonorable family in world politics.
Think about it. If Thailand crash and their property prices drop by fifty percent, what do they lose? S$5,000 to S$50,000?
Singaporeans? Look at the number of exorbitantly priced condos and private apartment and 4-5 rooms HDB, maisonettes, and ECs... Singapore properties crash 50% and what will Singaporeans lose?
S$200,000 to $800,000?
Wake up people... do something before they kill us all.
Support people like Dr Chee that is trying to make them accountable for their actions. Otherwise, when it all crashes, it will be too little too late.
Their newspaper propaganda will put the blame, when the crash comes, on global events and especially on people like Dr Chee that is trying very hard at great personal costs to himself to warn people that without accountability, it will all come crashing down.
They have insulated themselves by taking public money, massive amounts of public money, and anything happens, they have their millions while we are the ones that will have to pick up the sh!t they leave behind.
see:
Property Prices Rise at our expense - By Andrew PK Yap -
hmmm... only 70 pts down.... anyone of you that borrowed money to buy need suicide prevention help and advice?
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Singapore INDEX
VALUE-------CHANGE-------%CHANGE TIME STRAITS TIMES INDEX
3,642.64----(-105.34) -----(-2.81%)------ 05:05pm -
meh the market has been good to my dad, he made almost a hundred thousand from shares in the past 2 months
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its too risky in some cases
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wow andrew your fear-mongering knows no bounds does it?
pick a side. Either you take the index as an indication , or you don't. You can't argue it's not an accurate measure, and then use it to justify every one of your posts/predictions.
While i have no love for the current adminstration, the casino is not a valid point. You need only look at the betting stations at singapore pools on weekend afternoons to see that gambling is already a problem. The casino isn't going to create problems that already exist.
The highly bubbled up property market is vulnerable yes, but that's the doing of greedy civilians, and nothing to do with the government. They aren't delibrately pumping up the prices for fun.
btw, quoting articles written by yourself as evidence is like...worse than clutching at straws....
You're so full of it, you know. Everytime a valid point is raised against you, you just decide to ignore it and carry on spreading BS.
"The index can be manipulated to make things look better than it really is.
When you borrow money to buy, you don't increase your chances of making money. You increase your chance of losing everything."
the above two paragraphs are probably the dumbest things i've read this month. Probably ties with what you wrote bout this topic last month.
Do you understand math? Just the big four operations would do. Work it out. Stop using circular logic.
When you increase money to buy, you increase your chances of making MORE money. You also increase your risk of ruin. Please, stop spreading disinformation. If you have to spread the fear, at least be accurate. -
Some people just love to gamble.... until the lose everything, they will never stop and keep on giving excuses after excuses... -
The fundamentals are eroding very fast....Ambac, MBIA Fall; Goldman, Morgan Stanley Cut Rating (Update2)
By Christine Richard
Nov. 2 (Bloomberg) -- Ambac Financial Group Inc. and MBIA Inc. shares fell, along with other bond insurers, as Morgan Stanley said the industry may face a ``downward spiral'' and Goldman Sachs removed its ``buy'' rating on the two companies.
Morgan Stanley lowered the financial guarantee industry to ``in-line'' from ``attractive,'' after Goldman Sachs Group Inc. earlier today cut its rating on the two companies to ``neutral'' from ``buy.''
The bond insurance industry has guaranteed more than $1 trillion of bonds issued by U.S. cities and states as well as bonds backed by mortgages, credit cards and other assets, and the guarantee allows borrowers to use the insurers' AAA rating. A loss of confidence by investors in the insurers' credit quality threatens the survival of the industry and the price of the thousands of bonds it guarantees.
Ambac, the world's second-largest bond insurer, fell $6.06, or 20 percent, to $23.51 today in New York Stock Exchange Composite trading. On Friday, Oct. 5, the shares closed at $70.11. MBIA, the biggest bond insurer, slid $2.55, or 6.7 percent, to $35.51. Four weeks ago they closed at $67.78.
``As the credit market continues to weaken, our confidence that guarantors will survive the credit meltdown is waning, prompting us to take a more conservative view of the financial guarantors,'' said Ken Zerbe, an analyst with Morgan Stanley in New York.Gold Tops $800 on Investor Demand for Haven From U.S. Assets
By Pham-Duy Nguyen
Nov. 2 (Bloomberg) -- Gold rose 2 percent to close above $800 an ounce in New York for the first time since Jimmy Carter was president on demand from investors seeking a haven from declines in the dollar and U.S. assets. Silver also gained.
Merrill Lynch & Co. shares fell the most in six years after Deutsche Bank AG said Merrill, the world's biggest brokerage, may write down an additional $10 billion for losses on U.S. subprime mortgages. Gold is up 27 percent this year as the Federal Reserve cut interest rates to ease strains in financial markets, sending the dollar to a record low against the euro.
``There are lingering issues with this credit fallout,'' said Carlos Perez-Santalla, gold trader and president of Hudson River Futures in New York. ``Investors are looking to gold as a safe haven.''
If you borrowed money to buy or play...
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those that borrowed money for property purchases... look out too...
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Please don't be complacent...
I have seen it so many times before...
When the market comes down, people cut loss and then curse themselves... because the market went back up...
then when they are convinced that it is better, instead of getting out when the market comes down, to instead buy more, that is when the market refuses to come back up until they lose every penny they have and more...
always make sure that even with the worse case scenario, you are doing well, not just fine but doing well.... even with the worse case scenario... -
DOW JONES INDUS. AVG SNAPSHOT
1 YEAR
VALUE >>>>>>>> 13,300.02
CHANGE >>>>>>>> -360.92
% CHANGE >>>>>>>> -2.64
DATE: >>>>>>>> 11/07
UP 0
DOWN 30
UNCHANGED 0 -
NIKKEI 225 SNAPSHOT
VALUE >>>>> 15,736.43
CHANGE >>>>> -360.25
% CHANGE >>>>> -2.24
DATE >>>>> 08 Nov
TOTAL MEMBERS >>>>> 225
UP >>>>> 12
DOWN >>>>> 212
UNCHANGED >>>>> 1 -
Don't forget that Paris-based Reporters Without Borders' (RSF) annual ranking for 2006.... ranks Singapore way down there...
What you should be reading regarding the world economy... will be only mentioned "by the way"... due to overt or subvert censorship.... -
SHANGHAI SE B SHARE INDX 349.97 -6.98 -1.95% 21:53
this is after yesterday's almost 5% drop... -
NIKKEI 225 15,603.39 -168.18 -1.07% 21:30
This is after yesterday's almost 3% drop....