Originally posted by eagle:Just before I'm not sure.
From what I was told, bears were ridiculed. In fact, Elliott Wave International called for a top in Jul 07 (and subsequently to close all shorts and start to long in Feb 09, before re-iterating it in the first few days of Mar 09).
I got interested only in early 08, and many analysts reports were still bullish at that time. Then near Mar 09, many analysts reports from those so called experts were super bearish.
Now on hindsight, I guess it's quite clear.
When you say bearish you mean pessimistic?
it seems that all like bearish so much
good leh
bearish then all die together lor
When Bullish market, no one give comments
When Bearish market, all act like pro, giving
advise etc..
If one is really pro in the market , will not be giving advise
in sgforum liao , should be appearing on CNA
LoL
Who should we believe sia?
yup
Bullish means very optimistic
Interesting piece of info from wiki: The precise origin of the phrases "bull market" and "bear market" are obscure
OMG! u dunno what a bear look like ar?? go to the zoo lah,
But seriously, as an investor or potiential investor, it is essential to take an objective look at who the advertisers and sponsors are behind these media and consultant giants, and determine if there is an underlying slant or bias toward particular types of investments. Some of these/ if not most consultants are paid to offer free consultation just to get you into the fraud funds.
Consultants especially the US of A ones are not the Godzilla strong type-like monsters people often portray them as. They exist to provide goods and services to the world while making a profit.
If you are in SGX, why consult a Ang mo??
Originally posted by noahnoah:
it seems that all like bearish so much
good leh
bearish then all die together lor
When Bullish market, no one give comments
When Bearish market, all act like pro, giving
advise etc..
If one is really pro in the market , will not be giving advise
in sgforum liao , should be appearing on CNA
LoL
Who should we believe sia?
At this moment, it is simple, with my money returned from MaryChia IPO that raised 80% from initial offering, IPO is on the move, so, whether is a bear in the our zoo, or the powerful US bull scrupture in front of Nasdaq, u do make money if you know the local newest trends, just like fashion, and my Angel consultation is to advise to all is to pull out all your investments during october before it is too late, and even if you invest, it should be short term and not long term unless the dividends is high. Other than that, for these coming months, look at your money in your hands, put it in your bags or wallets for guy, it is more save, unless you worry about pickpocket.
Originally posted by noahnoah:
it seems that all like bearish so much
good leh
bearish then all die together lor
When Bullish market, no one give comments
When Bearish market, all act like pro, giving
advise etc..
If one is really pro in the market , will not be giving advise
in sgforum liao , should be appearing on CNA
LoL
Who should we believe sia?
I dunno about the others or what they feel, but this is based purely on my TA. I've made a lot of mistakes, missed earning, etc, between Jan 09 and Apr 09 because I haven't really learned TA much yet... Then I started earning from there...
I direct you to this thread where I learned and shared
http://forum.channelnewsasia.com/viewtopic.php?t=227927
To add on, my posts on sgforums, if anyone bothered to read last time, were before things happen. http://www.sgforums.com/forums/2092
I didn't have much posts in which I mentioned things after they happened, and claimed that I profitted from it. Hindsight is always 100%; I see no point in doing that unless you are studying how and why it succeeded or failed.
Just that I don't bother to update in that forum as frequently because I dun think anyone bothers. If you are interested, I can pm you my blog.
Wall Street is just another American Las Vegas. The only different is
Las Vegas you bet with your own money. Wall Street bet with your money
(they call it investment, not bet). If you win in Wall Street, those
American fund managers pay themselves first, very big sum, then give
you the leftover. If you loose in Wall Street, those American fund
managers will still pay themselves first, and you loose everything you
invest, and sometimes worse, you still owe them money.
The
Wall Street managers that graduated from American top university has
long come out with a really genius, mind bogling "secret formula" where
no mater what happen to their bet, they will always earn money. Also
they made all these betting with other people money legally. So first
thing, they get the fun doing the bet daily (with other people money is
even more exciting), then if they bet it right, they get big cut, if
wrong, they get small cut.
To attract and confuse their
victim, they use the "shock and owe" tactic. First get big office in
down town big and tall modern building, that is the first shock to
their potential victium. Then they give you the products, which was
written by top lawyers (also graduate from American top university),
which although still written in English, but since it is written by
genius from American top university, nobody on earth can really
understand what it means, but is sound "complicated", this is the awe.
If you don't know what I mean, just read your own insurance policy.
Third, they wear the Armani suit, drive the flashy expensive cars and
meet you for lunch at $100 per meal restaurant. Finally, they get a
"3rd party" to rate their products (whom also graduated from American
top university), which give rating of "AAA". Well, most of the victim
will just surrender their money to this "fun" managers.
While
the earth is plague with problem like polution, earth warming, food
shortage and war etc, these fun managers continue to try to get more
fun. Just like drug addics, they seek for larger dose and faster kick
to sustain their habit. Now you start to hear they talk about new
"package" and "products" and soon I think they will launch a new ponzi
scheme. When you see American, especially from Wall Street, you better
run.
Secret forumula for those elites from
Top schools are
Cheat and dun get caught...
Posting this if anyone is interested
Survey by CLSA.
2007
89% owned their homes, with 6% owning more than one; 8% wanted to buy another house in 12 months
2009
89% own their homes, with 13% owning more than one; 18% want to buy another house in 12 months
2007 -> 11% rent house, vs 6% renting their house.
2009 -> 11% rent house, vs 13% wanting to rent their house.
Originally posted by eagle:Posting this if anyone is interested
Check this out from my JOO CHIAT CC, one uncle wrote in...
"please help me find a light at the end of the tunnel.. i bought a 800,000k built half way condo since last year, but i am in a bad situation now, trying to ask help from credit counselling to help me talk to my creditors.. unfortuanately, it seems like they cant even help bcoz they want me to produce a lot of supporting documents.. i feel very depress now, i feel like filing a barcruptcy since i feel so depress and pressure.
please let me know what are the effect of being bankcrupt? can i still find a job outside singapore if i am given a good opportunity. i prefer to work outside so i have a peace mind while paying my debt.."