Make no mistake: The central bankers' announcement Wednesday of a new coordinated effort to pump cash into the global financial system is a sign of their nervousness. The global credit squeeze that began last summer still hasn't run its course, and the central bankers fear that the stressed financial system could pull the world economy into a deep recession.from Washington Post... http://www.washingtonpost.com/wp-dyn/content/article/2007/12/14/AR2007121401522.html
What does this market feel like for players at ground zero? I asked the head of one of the leading hedge funds how he had traded his portfolio Wednesday, the day the joint rescue package was announced. He answered that he had stayed out of the market because he wasn't sure what to do. Trades that looked sensible at 10 a.m. would have turned out to be mistakes by noon.
"If someone would take me out of all my positions, long and short, I'd do it," he said. This is the financial market equivalent of saying you want to start over. Six months into the credit crunch, that's the way many exhausted players are feeling. The markets will have to sink a good deal more, alas, before the vultures arrive to carry off the debris and the process of rebuilding can start.

You have a serious problem with your thinking abilities.... you are dualistic and do not have the required thinking skills to handle complexity...Originally posted by richong 3216:From what I can interprete of the above words you are saying that why I bother to comment since it has nothing to do with but in the same sentence you also said "not that you cannot comment"
So can you be more specific - can comment or not?
Yes, your point is that you are stupid and an idiot and people that point that out has zero morals... while that is debatable, the fact remains that I have proven you stupid and an idiot...Originally posted by soul_rage:You are just proving my point as you continue
Just came back from a house warming gathering at paya lebar crescent - that's why there was a delay in my reply.Originally posted by AndrewPKYap:You have a serious problem with your thinking abilities.... you are dualistic and do not have the required thinking skills to handle complexity...
You must be a religious person, right?
... hmmm looks like my initial suggestion that you cannot handle complexity is right...Originally posted by richong 3216:Just came back from a house warming gathering at paya lebar crescent - that's why there was a delay in my reply.
To answer your last question 1st - you are absolutely wrong - I am an atheist, in other words godless (sounds terrible).
As regards your 1st comment, actually I expected harsher words than the words you have used on me because based on the past threads which I have read you constantly call people stupid, idiot, insane, paranoid, delusional.
You can say I have a serious problem with my thinking ability & cannot handle complexity - that's way being a simpleton, I asked you a simple question i.e. can comment or not; & this moron is still waiting for an answer. I wont be surprised the next response from you will have all the harsh words appearing because you are what you are.
Cool down Mr Andrew - I dont think that they will carry out their threats. As you should know barking dogs never bite.Originally posted by AndrewPKYap:... only in their own delusional, insane mind do they think that they can carry out their threats...![]()
Dear Andrew,Originally posted by soul_rage:You are just proving my point as you continue
The more you do it, the more you discredit yourself. You can blame no one but yourself for demeaning, and disgracing yourself
I noticed you cannot stop. Even when you are wrong, you just continue, almost like the spoilt brat that insists on having the last say even when he has nothing left to say.
Looks like its getting really serious... Andrew has insulted almost every single forumer here in this thread. You cannot believe how relevant is the topic with respect to him
... gone insane again, have you?Originally posted by deathbait:actually.
i fully intend to carry out my ultimatum. Andrew is just so accustomed to being threatened by ridiculous threats that he doesn't understand what serious means anymore.
But I guess I can't complain if he doesn't put up a resistance. It's like the best case scenario.
Anyway, it's taking a long time because real things take time in the real world. But it will be done. You may depend on it.
... right there is only one simple point... I proved how stupid and what an idiot you are with facts and evidence and in return, you say I am "totally without morals" for doing that...Originally posted by soul_rage:Dear Andrew,
I don't see the need to add in further points since you have limited ability and I can fully understand you cannot handle stress.
Therefore all of your postings in this page still goes back to the same points above.
Well I certainly hope he does... I hope he tries really hard... I keep bringing it up to remind him what a delusional he is... he needs to be constantly reminded that he is an insane person...Originally posted by richong 3216:Cool down Mr Andrew - I dont think that they will carry out their threats. As you should know barking dogs never bite.
Although our dialogue has been short, it's great talking with you & I wish you many happy postings, take care & all the best.
Greenspan, who was Fed chairman for almost two decades until Ben S. Bernanke took over early last year, repeated that recession risks are rising.
``The probabilities of a recession have moved up to close to 50 percent -- whether it's above or below is really extraordinarily difficult to tell,'' Greenspan said.
In a Dec. 13 interview with National Public Radio, he said the economy is ``getting close to stall speed.'' On Nov. 7, he told a conference in Sao Paolo that the chances of a recession were ``less than 50-50.''
Originally posted by deathbait:oh
look at who's quoting odds now=)
How did he get to 50/50 anyway. Is there a formula involved, or is he just a more public version of Andrew?
Since he is making you happy (good laugh) with a early morning wake up call, you should reciprocate kindness with kindness by not using those harsh words on him.Originally posted by AndrewPKYap:... so early in the morning this insane idiotic coward must give me a good laugh...![]()
Dear Andrew,Originally posted by soul_rage:Originally posted by soul_rage:
You are just proving my point as you continue
The more you do it, the more you discredit yourself. You can blame no one but yourself for demeaning, and disgracing yourself
I noticed you cannot stop. Even when you are wrong, you just continue, almost like the spoilt brat that insists on having the last say even when he has nothing left to say.
Looks like its getting really serious... Andrew has insulted almost every single forumer here in this thread. You cannot believe how relevant is the topic with respect to him
But it is his stupidity that is making me laugh... then how? You expect me to be stupid like him and talk retarded rubbish and issue him threats like an insane person?Originally posted by richong 3216:Since he is making you happy (good laugh) with a early morning wake up call, you should reciprocate kindness with kindness by not using those harsh words on him.
It does not matter if you think that I have zero morals values when I prove how stupid and what an idiot you are with good proof and evidence... because I prefer reality rather then your beliefs in paranormal activities....Originally posted by soul_rage:Dear Andrew,
As per again, your last postings again reflect the above.
I shall not add on since you have limited ability to comprehend the above. Once you have understood, then perhaps we can progress further.
Otherwise the above is sufficient.