Investments in Merril Lynch making money for Temasek
-
Originally posted by SWAT_SG:
haha.. yea short-term USD is appreciating against other currencies.. soon there will be heavy unwinding of USD.. it wun be staying strong for long.. i expect it to fall back to 1.30 against SGD... well caveat emptor applies...
based on fundamentals and dd/ss of usd, no reason for usd to keep at this level other than carry trade... soon u will unwinding happening.. lolz..
seems like ppl here r not v savvy with investment..
even how savvy you are, sometime luck play a part lah, 70% can be savvy thru your knowledge and reading and prediction, but 30% is still luck ya, just like some of my colleagues, get into AUS money, now crying over spilled milk.. -
losers are pathetic
-
Originally posted by Daddy!!:
losers are pathetic
How true, when you started this thread,
19 Feb `08, 11:22PM (click to link)
You said:
Originally posted by Daddy!!:Late last year 2007, Temasek, a Singapore state fund, bought $4.4 billion worth of Merrill shares at $48 a share as the U.S. brokerage, hit by subprime mortgage losses, sought to raise capital.
As of 9:58 AM EST 19 February 2008 Merril Lynch's stock is at $51.46 USD"As of 9:58 AM EST 19 February 2008 Merril Lynch's stock is at $51.46 USD"
yesterday New York,
Merrill Lynch & Co Inc
Last Trade: 17.62 So I agree with you,
Losers are pathetic....
-
someone has no ball.s to buy the stock market last friday 10 oct still want to talk big. losers are ball-less.
-
ball.less loser, the day you are convinced to invest in the stock market after you cannot stand missing too much of the boat is the day i will off load my shares to you.
-
Originally posted by Daddy!!:
someone has no ball.s to buy the stock market last friday 10 oct still want to talk big. losers are ball-less.
Originally posted by Daddy!!:ball.less loser, the day you are convinced to invest in the stock market after you cannot stand missing too much of the boat is the day i will off load my shares to you.
hahahaha... who are you trying to bluff? It is so obvious that you bought when you were crowing how:
Investments in Merril Lynch making money for Temasek
Why else would you be so confident as to start a topic and boast,
Investments in Merril Lynch making money for Temasek
Now you want us to believe that you thought it was a stupid decision, that it was not time to buy, then, but you started a topic,
Investments in Merril Lynch making money for Temasek
anyway?
It is obvious you thought it was a good decision and it was time to buy and so you started the topic,
Investments in Merril Lynch making money for Temasek
but you now tell us that you did not buy back then?
hahahaha... there are so many delusionals in this forum.
-
since you have no ball.s and like to nag nag nag, you might as well change sex and be called auntie yap
-
No point arguing who is right or who is wrong.. let the market prove it eventually... there are always buyers and sellers in the market and they are always having opposite views... how can a buyer be bearish and long a stock while a seller who is bullish short a stock right...
Well ppl who lose $$ will not admit they made a wrong decision and suffer a big losses.. but ppl wil jus be trying to keep optimisitic of the situation and hope for the best and hopefully influence ppl to believe what they believe to push up the market..
what we are experiencing in the market is perfectly normal, the global markets had suffered a big and terrible losing streaks for whole of last week.. its time whereby ppl r sick of all the bad news and with constant news of G7 leaders pouring billions and billions of $$ to bailout the ailing banks.. ppl tends to cheer for such measures taken...
but these solutions r short-lived and not going to revive the economies immediately.. yes from now on, i dun think we will be hearing any banks going bust cos they r flooded with endless of liquidity from the central banks.. but then now wat we r experiencing is a credit crunch whereby banks r reluctant to lend to business/individuals etc.. and its gonna hurt the economy as biz with great ideas and opportunities have no loans to fund their ventures while individuals who wan to buy houses or cars have no loan to finance their purchases..
if u take a mid to longer term perspective, ask yourselves a question.. why the G7 leaders r so desperate to pour unlimited amount of $$ to bailout the banks? r they seeing and knowing sth so terrible that they have to resort to doing so?? what r the impact of flooding the whole world with fiat money... it basically erode the purchasing power of the currency and running a risk of hyperinflation in the long run... any economic sound person will understand the -ve effect of increasing the money supply extensively..
Well for ppl who r in for short-term intraday/overnight trading, its definitely the time to have rapid scalps... but for ppl who r going in for long term.. i think what appears to be cheap now will be cheaper... this rally is what we so called dead cat bounce.. beware and do get urself trapped by this.. its gonna be really bad when this trend reverse and you might not see it coming to this level in the short term... look out for Dow Jones reaching 10000pts.. its mught be the potential reversal point...
caveat emptor applies and invest at your own risk.. its ur own decision and you are the only person to blame if you make the wrong decision... dun have to feel sore when ppl give differing views from you. take it as an external reference.. noone is 100% right neither noone is 100% wrong.. more imptly substantial your stance with figures/stats and facts...
just my 2 cents worth..
-
Originally posted by SWAT_SG:
No point arguing who is right or who is wrong.. let the market prove it eventually... there are always buyers and sellers in the market and they are always having opposite views... how can a buyer be bearish and long a stock while a seller who is bullish short a stock right...
Well ppl who lose $$ will not admit they made a wrong decision and suffer a big losses.. but ppl wil jus be trying to keep optimisitic of the situation and hope for the best and hopefully influence ppl to believe what they believe to push up the market..
what we are experiencing in the market is perfectly normal, the global markets had suffered a big and terrible losing streaks for whole of last week.. its time whereby ppl r sick of all the bad news and with constant news of G7 leaders pouring billions and billions of $$ to bailout the ailing banks.. ppl tends to cheer for such measures taken...
but these solutions r short-lived and not going to revive the economies immediately.. yes from now on, i dun think we will be hearing any banks going bust cos they r flooded with endless of liquidity from the central banks.. but then now wat we r experiencing is a credit crunch whereby banks r reluctant to lend to business/individuals etc.. and its gonna hurt the economy as biz with great ideas and opportunities have no loans to fund their ventures while individuals who wan to buy houses or cars have no loan to finance their purchases..
if u take a mid to longer term perspective, ask yourselves a question.. why the G7 leaders r so desperate to pour unlimited amount of $$ to bailout the banks? r they seeing and knowing sth so terrible that they have to resort to doing so?? what r the impact of flooding the whole world with fiat money... it basically erode the purchasing power of the currency and running a risk of hyperinflation in the long run... any economic sound person will understand the -ve effect of increasing the money supply extensively..
Well for ppl who r in for short-term intraday/overnight trading, its definitely the time to have rapid scalps... but for ppl who r going in for long term.. i think what appears to be cheap now will be cheaper... this rally is what we so called dead cat bounce.. beware and do get urself trapped by this.. its gonna be really bad when this trend reverse and you might not see it coming to this level in the short term... look out for Dow Jones reaching 10000pts.. its mught be the potential reversal point...
caveat emptor applies and invest at your own risk.. its ur own decision and you are the only person to blame if you make the wrong decision... dun have to feel sore when ppl give differing views from you. take it as an external reference.. noone is 100% right neither noone is 100% wrong.. more imptly substantial your stance with figures/stats and facts...
just my 2 cents worth..
hahaha I am trying is to rub it in. I can't stand it when people encourage others to gamble, whether in the stock market or casino. What is likely is that the thread starter is a commision broker. These type of people will sell their crapz for some commisions even if it kills the customer.
-
The previous recession in 97 lasted for 24 months.
We are only 12 months in. There should be another 10%~30% downside to go. Do dollar cost averaging method for good stocks :D
-
I read some where that Dow Jones took more than 20 years to go back to its previous level after it collapsed in 1930s. So I think it will be better for me to frame my mind that I will park small amount of money in stock market say every 3 months and always be prepared that I may not make money from there during my life time.
-
Originally posted by ArtBoon:
I read some where that Dow Jones took more than 20 years to go back to its previous level after it collapsed in 1930s. So I think it will be better for me to frame my mind that I will park small amount of money in stock market say every 3 months and always be prepared that I may not make money from there during my life time.
have more faith. we live in a digital age now. transactions and activities churns are much faster compared to my great great grandpa years, so things will swing around faster when the fundamentals are corrected.that said, as with investments for the laymen, use only money you can `afford to lose'. this applies in both good and bad times.
-
Originally posted by redDUST:
have more faith. we live in a digital age now. transactions and activities churns are much faster compared to my great great grandpa years, so things will swing around faster when the fundamentals are corrected.that said, as with investments for the laymen, use only money you can `afford to lose'. this applies in both good and bad times.
actually... more of use money you will most likely not need within a 5 years frame
-
Bank of America Acquires Culture of Corruption in Merrill Lynch Purchase, Warns Former Merrill Star Player
ENID, Okla., Oct 21, 2008 /PRNewswire via COMTEX/ -- Keith Schooley, a former star financial consultant with Merrill Lynch, warns Bank of America CEO Kenneth Lewis that he may soon experience buyer's remorse over his acquisition of Wall Street's fallen idol..."I spoke out publicly last November in response to Merrill Lynch's involvement in the nation's sub-prime mortgage crisis and predicted, when no others did, that the firm was on the verge of almost certain collapse," says Schooley, whose pioneering 2002 book Merrill Lynch: The Cost Could Be Fatal - My War Against Wall Street's Giant is nearing completion of translation for the Asian market, where Wall Street bailouts have become commonplace in recent years...As the list of failed US banks continues to grow, Schooley wonders why Bank of America would risk weakening its position in the fragile industry by merging with a company with a history of improper and unethical behavior..."It did not take long for me to learn that profits and power trumped ethics and morality at Merrill," says Schooley. "The ultimate impact on clients and shareholders seemed to be largely irrelevant. Sadly, this attitude at Merrill Lynch has proven to be extraordinarily costly to so many doing business with the firm and, ironically, now to the firm itself."..The BofA deal is not expected to become finalized until sometime during the first quarter of 2009 and Schooley, who first exposed corruption and unethical practices at Merrill during the 1990s, believes there is still time for Lewis to withdraw the offer."Merrill Lynch's rescue from certain collapse may be good news for the troubled firm, but I think it's a red flag for shareholders and employees of Bank of America," says Schooley...This delay in the merger, which must also be approved by regulators and shareholders before any deal can be sealed, may provide enough wiggle room for Lewis to back out and save his company from integration into Merrill Lynch's tainted culture...Furthermore, with the Federal bank bailout just completed, BofA may want to instead concentrate on keeping its own good name intact..."Merrill Lynch has sullied its reputation as a result of numerous scandals--despite second and third chances it was given to clean up its act," warns Schooley. "I wouldn't advise BofA to give Merrill a fourth chance at its own expense. The firm's corrupt culture was tolerated by its senior management and board and making it a part of Bank of America may eventually sink what will soon be, at least temporarily, the 'leading financial institution in the world.'"..For further information contact: www.TheCostCouldBeFatal.com..SOURCE Keith SchooleySource: Marketwatch.com
-
Hehehe..........
Winner's Curse.
-
Cash is KING !!!
-
Originally posted by Daddy!!:
ball.less loser, the day you are convinced to invest in the stock market after you cannot stand missing too much of the boat is the day i will off load my shares to you.
Originally posted by Daddy!!:someone has no ball.s to buy the stock market last friday 10 oct still want to talk big. losers are ball-less.
MER 15.86 -1.65 -9.42%
Originally posted by Daddy!!: "someone has no ball.s to buy the stock market last friday 10 oct still want to talk big. losers are ball-less."
hahahahahahahahahahaha............
-
wonderful to have auntie yap jumping out of her hiding to squeak "hahaha" AFTER market came down. what a coward.
-
another world biggest con job?
-
Originally posted by Daddy!!:
wonderful to have auntie yap jumping out of her hiding to squeak "hahaha" AFTER market came down. what a coward.
Calling me "auntie yap" will not change the fact that you have been a fool to say:
Investments in Merril Lynch making money for Temasek
Calling me "auntie yap" will not change the fact that you have been a fool to:
Buy stocks and then laugh at others for not buying and calling them "coward" for not buying and the market plunge immediately after that.
Call me any name you want, it does not change the fact that you are just a fool. It does not matter if the market comes up from here, you are just a fool to have paid for that kind of prices when you can pay a much lower price waiting just a few more days (not that it is time to buy yet, you understand). hahahaha!!!
-
Originally posted by Daddy!!:
ball.less loser, the day you are convinced to invest in the stock market after you cannot stand missing too much of the boat is the day i will off load my shares to you.
Originally posted by Daddy!!: "the day you are convinced to invest in the stock market after you cannot stand missing too much of the boat is the day i will off load my shares to you. "
Looks like it is not: "you cannot stand missing too much of the boat is the day i will off load my shares to you", you are just a fool for saying that. Looks like it is "you cannot stand losing so much and forced to sell is the day I will buy your shares".
hahahaha...
-
Originally posted by Daddy!!:
wonderful to have auntie yap jumping out of her hiding to squeak "hahaha" AFTER market came down. what a coward.
these few weeks, if you have noticed the trend, monday/tuesday tend to rise a little or maintain, then thurs and fri resume crazy selldown.
-
Originally posted by eagle:
these few weeks, if you have noticed the trend, monday/tuesday tend to rise a little or maintain, then thurs and fri resume crazy selldown.
if im back in sg now, i definitely will like to buy a private apartment and rent it out. -
Originally posted by fishbuff1:
if im back in sg now, i definitely will like to buy a private apartment and rent it out.i think it will still go down somemore... and probably be at a low price at around 2010
-
eagle:
there are two main "comparable" patterns to "price" the bottom now,
one is the 1929 / 87 crash
the other is 1970
anyway one looks at it, the message is clear, start accumulating with a readiness or enough bullets to go in if S&P 500 tanks another 20% from current level.
fishbuff:
private apartment in singapore is not cheap now basically because there is no significant retrenchment. only flippers, who are the minority, are desperate.