BTW you people know that the market crashed today?
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ya lor and that is how people die standing...Originally posted by mr_sotong:chey.. dont know crash how many time this year liao..
every time crash they see it go up and so the next time crash, they lose money but borrow and buy some more...
the market go back up and the feel like genius.
So this time crash, they borrow even more to buy even more and you know what? Maybe this time crash so badly they get wiped out and need to sell their house and car and still be in debt.
old uncle see many things already lah....
best you work and save up and use some of your savings to buy when the market is down and out and then wait a few years to sell.... -
that's y i ask how many percent mah, not the amount. say leh, how many percent?Originally posted by AndrewPKYap: u noe also useless, not like we going to share with you
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Originally posted by newcomer:that's y i ask how many percent mah, not the amount. say leh, how many percent? sorry hor... really, I never worked it out... when you use money you don't need to buy, the profits not important (so you don't bother to calculate) because you don't need the money!
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uncle next time teach me hor
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Originally posted by mr_sotong:chey.. dont know crash how many time this year liao..
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Thanks for telling... made lotsa$$ the other time it crush... Now I moving closer to my dream house... Thankyou andrew!!!
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US...Originally posted by rathcycle:btw what cause the crash ?
something happen in japan ? -
US. anyway japan elections coming up.Originally posted by rathcycle:btw what cause the crash ?
something happen in japan ?
US subprime fears affect carry trades so yen shot up overnight cos all reverse carry positions. we're back to 4 months ago by now. it's tat bad.
i suspect a bigger washdown will happen before year end to mark US recession.... -
It is no brainer one lah... but the brokers will not teach you to do like this because like that they wait long long for your commissions...Originally posted by eagle:uncle next time teach me hor
Imagine you trade only 3 time in 10 years and you use only your own savings to buy, they eat grass...
But remember that you can become an addict one hor and if you watch the market every day one, most likely you are an addict already...
you trade only 3 times in ten years you watch the stupid market everyday for what?
you watch every day you get kan jiong and when a little profit you run like jack rabbit... only for sex should you go in go out go in go out
you do that for the stock market you get AIDS (Acute Income Deficiency Syndrome) -
so it is something happen in us that affected japan and other asia countries ?Originally posted by ^tamago^:US. anyway japan elections coming up.
US subprime fears affect carry trades so yen shot up overnight cos all reverse carry positions. we're back to 4 months ago by now. it's tat bad.
i suspect a bigger washdown will happen before year end to mark US recession.... -
Originally posted by banzie:Thanks for telling... made lotsa$$ the other time it crush... Now I moving closer to my dream house... Thankyou andrew!!!
see some people never listen to what I say one...Originally posted by alvin-ncs:
they cannot accept the fact that people must work hard and smart for their money and you play with fire you get burnt
if you play with part of your savings, you won't get burnt and die one. your wife won't divorce you and you won't think of killing yourself... -
Originally posted by AndrewPKYap:
you do that for the stock market you get AIDS (Acute Income Deficiency Syndrome) -
you help them, neber help meOriginally posted by AndrewPKYap:see some people never listen to what I say one...
they cannot accept the fact that people must work hard and smart for their money and you play with fire you get burnt
if you play with part of your savings, you won't get burnt and die one. your wife won't divorce you and you won't think of killing yourself...
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yes, don't play with fire cuz you wont' feel it until you get toasted.
so btw, at least tell me what stocks u bought? -
actually u noe usd/euro and yen are developed economies at 2 different ends due to their interest rate difference right? so ppl borrow cheap yen to finance their investments in other areas. if there is gg to be trouble in their investments in us, they will quickly buy back their yen causing it to rise sharply. this is called the carry trade.Originally posted by rathcycle:so it is something happen in us that affected japan and other asia countries ?
rising yen is bad for japan exports so stocks in japan fall generally. however in us, both stocks and usd all fall.
basically i think this marks the start of downfall of US economy. the future emerging is eurozone, UK, ME and china.... -
you are going on a dangerous route because you think that if only you know what happened and why it happened, you can "predict the market".Originally posted by rathcycle:so it is something happen in us that affected japan and other asia countries ?
This market prediction strategy is only a scam... in reality no one knows... otherwise there will be no one to buy and sell...
If it is so clear that the market is going up, who sells? and if the market is so clearly going down, who buys?
but the brokers in order to encourage people to trade give lots and lots of false assurances and give them computerised trading tools that do not work because all the data in the computer is past data.
What you need is future data and unless you are God, where are you going to get future data?
when they predict correctly, they will shout very load and when they predict wrongly, you are the one that suffers... they continue to collect their commissions...
when they get it right, it is like 4D winners telling you how smart they are... -
i see i see...Originally posted by ^tamago^:actually u noe usd/euro and yen are developed economies at 2 different ends due to their interest rate difference right? so ppl borrow cheap yen to finance their investments in other areas. if there is gg to be trouble in their investments in us, they will quickly buy back their yen causing it to rise sharply. this is called the carry trade.
rising yen is bad for japan exports so stocks in japan fall generally. however in us, both stocks and usd all fall.
basically i think this marks the start of downfall of US economy. the future emerging is eurozone, UK, ME and china....
thank you for enlightening me. -
but you also shout loud loud that you predicted the market right what.Originally posted by AndrewPKYap:you are going on a dangerous route because you think that if only you know what happened and why it happened, you can "predict the market".
This market prediction strategy is only a scam... in reality no one knows... otherwise there will be no one to buy and sell...
If it is so clear that the market is going up, who sells? and if the market is so clearly going down, who buys?
but the brokers in order to encourage people to trade give lots and lots of false assurances and give them computerised trading tools that do not work because all the data in the computer is past data.
What you need is future data and unless you are God, where are you going to get future data?
when they predict correctly, they will shout very load and when they predict wrongly, you are the one that suffers... they continue to collect their commissions...
when they get it right, it is like 4D winners telling you how smart they are... hahaha I told my wife to sell and she sold last couple of weeks (after holding for years and patiently waiting for the market to go up)... *feeling smug*
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Originally posted by littlebeaker:but you also shout loud loud that you predicted the market right what.
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i certaintly hope the mkt can crash more n then follow to the pty mkt as well..both mkt are just over priced w lotsa speculation, so much so tat normal pple who just wanna buy a place to settle down with are being held ransom..
but den i think its just a mkt correction..it will bounce back again -
now -97.29 la
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Wah. You also monitoring ah?Originally posted by Inzaghi:i certaintly hope the mkt can crash more n then follow to the pty mkt as well..both mkt are just over priced w lotsa speculation, so much so tat normal pple who just wanna buy a place to settle down with are being held ransom..
but den i think its just a mkt correction..it will bounce back again -
yoz bro, how r u....Originally posted by sillyme:Wah. You also monitoring ah?
no lar..i dun monitor cos i no play mah...but the mkt is really over priced all due to over speculations..n the pty mkt is just as crazy...me just waiting for the bubble to burst.. -
NO! Not predict the market right.... just feel so lucky got out in time before this last two days crash... you never know, after this crash, then maybe even go higher than what we sold? hahahahaha I am not going to even care... I earn my living from working smart, not gambling in the stock market...Originally posted by littlebeaker:but you also shout loud loud that you predicted the market right what.
if the market or I should say, when the market becomes down and out I will consider buying again.. that might be a fews years later... or I might buy Thailand because of their troubles there... hahahaha buy when nobody wants and sell when everyone excited...
whatever I do it will never kill me or burn me... that is the key to making money in speculative markets... there is no chance for error... even if the companies of the stocks I buy close down, I am fine. How to lose? -
me good lah.Originally posted by Inzaghi:yoz bro, how r u....
no lar..i dun monitor cos i no play mah...but the mkt is really over priced all due to over speculations..n the pty mkt is just as crazy...me just waiting for the bubble to burst..
yeah. SG mkt a bit hot now.
if you want to invest, go europe or south korea. there a bit safer.