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If Market Continues to Drop ... How many need to LELONG

Meecar

By Meecar,
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Meecar

Meecar

Clutched

Actually, I feel this is just a temporary situation with over-reaction to the sub-prime issue. But perhaps I am an optimist.

 

As the market was gaining from strength to strength almost very day recently, most people were already on the edge.

 

Do you guys think we should pull out of the stock market now, soon or just leave to fate.

 

[:)]

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Myturbo

Myturbo

Neutral Newbie

Bro, pull out asap. It's only the begining of the bear.

 

Can you still remember what happen in 1967, 1977, 1987, 1997?

So far all year ending with "***7" is not a very good year.

Watch out for Sept & Oct 2007.

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Hicksau

Hicksau

Neutral Newbie

if you got bank counters, pls dispose of them asap..

 

commodities also .. unless you bo pian .. start saving ..

 

energy companies still can keep but long term and no cash flow problem..

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Albeniz

Albeniz

Turbocharged

Will recession and retrenchment be coming soon?

 

My car park suddenly became very empty in 1997/8.

All the big cars were gone overnight.

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Verve

Verve

1st Gear

as with any economic cycle expect the down after the up the question is when.

 

based on current property and stock prices i think any future potential has already been fully factored in the current price

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Meecar

Meecar

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it seems there are lots of pessimist around here

 

have you when to orchard road recently

 

people are lining up to get into Takashimaya

 

my God are they mad or are we mad

 

may be were have been surfing the MCF too long

 

perhaps MCF have some sublimal message each time we get into the forum that brain wash us to be pessimist

 

[:)]

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Jchuacl

Jchuacl

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Next year is an important year for many countries with election round the corner, so my guess all stops will be pulled out to prevent any economic problems from spilling into next year.

 

 

Actually, I feel this is just a temporary situation with over-reaction to the sub-prime issue. But perhaps I am an optimist.

 

As the market was gaining from strength to strength almost very day recently, most people were already on the edge.

 

Do you guys think we should pull out of the stock market now, soon or just leave to fate.

 

[:)]

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Dumb

Dumb

4th Gear
Bro, pull out asap. It's only the begining of the bear.

 

Can you still remember what happen in 1967, 1977, 1987, 1997?

So far all year ending with "***7" is not a very good year.

Watch out for Sept & Oct 2007.

 

You missed out 1985. That's the worst I have seen on 'teletext'. It was caused by the US stock market. It's mad and unbelievable that shares were free falling.

 

Now waiting for the market to fall further so that got chance to get in.

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Speedsun

Speedsun

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No, I meant you can sell during the technical rebound. Whether the technical rebound how long it will last, no one can give you an answer. Next phrase it could go into consolidation if no good or bad news then. After that, it goes up or down, only heaven knows.

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Meecar

Meecar

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if you got bank counters, pls dispose of them asap..

 

commodities also .. unless you bo pian .. start saving ..

 

energy companies still can keep but long term and no cash flow problem..

 

recent broking house recommend a buy on oCBC

 

[:)]

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Weixiang_06

Weixiang_06

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Actually, I feel this is just a temporary situation with over-reaction to the sub-prime issue. But perhaps I am an optimist.

 

As the market was gaining from strength to strength almost very day recently, most people were already on the edge.

 

Do you guys think we should pull out of the stock market now, soon or just leave to fate.

 

[:)]

 

Black Monday (1987)

From Wikipedia, the free encyclopedia

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DJIA (19 July 1987 through 19 January 1988).

FTSE 100 Index (19 July 1987 through 19 January 1988).Black Monday is the name given to Monday, October 19, 1987, when the Dow Jones Industrial Average (DJIA) fell dramatically, and on which similar enormous drops occurred across the world. By the end of October, stock markets in Hong Kong had fallen 45.8%, Australia 41.8%, the United Kingdom 26.4%, the United States 22.68%, and Canada 22.5%. (The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.)

 

The Black Monday decline was the second largest one-day percentage decline in stock market history. The largest one occurred on Saturday, December 12, 1914, when the DJIA fell 24.39%. However, in that case, the New York market had been closed since July due to the outbreak of the First World War. The greatest point loss in DJIA history was on Monday, September 17, 2001, 684.81 points, six days after the September 11, 2001 attacks and the first day after which the market was open.

 

A certain degree of mystery is associated with the 1987 crash. Many have noted that no major news or events occurred prior to the Monday of the crash, the decline seeming to have come from nowhere. Important assumptions concerning human rationality, the efficient market hypothesis, and economic equilibrium were brought into question by the event. Debate as to the cause of the crash still continues many years after the event, with no firm conclusions reached.

 

In the wake of the crash, markets around the world were put on restricted trading primarily because sorting out the orders that had come in was beyond the computer technology of the time. This also gave the Federal Reserve and other central banks time to pump liquidity into the system to prevent a further downdraft. While pessimism reigned, the market bottomed on October 20, leading some to label Black Monday a "selling climax", where the excess value was squeezed out of the system.

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Weixiang_06

Weixiang_06

Clutched
Bro, pull out asap. It's only the begining of the bear.

 

Can you still remember what happen in 1967, 1977, 1987, 1997?

So far all year ending with "***7" is not a very good year.

Watch out for Sept & Oct 2007.

 

You missed out 1985. That's the worst I have seen on 'teletext'. It was caused by the US stock market. It's mad and unbelievable that shares were free falling.

 

Now waiting for the market to fall further so that got chance to get in.

 

what if it falls like nobody's business like in 1987?

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Meecar

Meecar

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(edited)

I liken to challenge your quote if you don't mind

 

 

you mean to tell me no superglue in the world cannot put tiny sillypore together

 

perhaps if we should explore other means of holding sillypore together such as paper clips, staples, how about welding, how about just leave it takes it course

 

 

 

must speak to the 3M guys in Minnesota when i VISIT them again

 

[:)]

Edited by Meecar
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