Carnage, blood everywhere ......

[Spiky]

The Dow is down more than 500 points.

The scarier part is that mutual fund cash levels are at record low, implying mostly invested in stocks.

Will it be a black Friday ? Bring on QE3, but I don't think another steriod injection will help.

Life is good again. Hahahaha ........

 

[Leongsam]

The Dow is down more than 500 points.

Remember my contrarian advice everyone. Now's the time to make money.

 

[Spiky]

To all those who listened to their bank RMs (relationship managers) and bought unit trusts and stayed invested for the long haul .......

Good luck to you all. These RMs are not wealth managers, they are wealth destroyers. Worst still are the retirees who are into leveraging and share margin financing.


It will likely be a contagion on Friday. Hong Kong, Japan, China, Singapore and the rest of Asia, followed by Europe ..... you will be thinking that you are watching 'Scary Movie'

 

[Leongsam]

To all those who listened to their bank RMs (relationship managers)

If bank relationship managers knew what they were talking about, they'd be millionaires not salaried employees.

 

[Spiky]

If bank relationship managers knew what they were talking about, they'd be millionaires not salaried employees.

Agree

 

[lee6100]

If bank relationship managers knew what they were talking about, they'd be millionaires not salaried employees.

I call them pirate bankers, not private bankers.

 

[Ash007]

Time to short?

 

[johnny333]

I wonder if itchy fingered Ho Ching has lost more of our CPF $$$ in this round of drops

 

[HedgeTrader]

Remember my contrarian advice everyone. Now's the time to make money.

The time to buy is when there's blood on the streets - N.M. Rothschild (during Napoleonic wars)

 

[jw5]

To all those who listened to their bank RMs (relationship managers) and bought unit trusts and stayed invested for the long haul .......

Good luck to you all. These RMs are not wealth managers, they are wealth destroyers. Worst still are the retirees who are into leveraging and share margin financing.

Everytime someone introduces himself or herself as a relationship manager, I will correct them with "sales manager".

 

[annexa]

Further loses soon. China downgraded US debt rating IMMEDIATELY after the debt ceiling increase. Indicating China is NOT willing to buy any of the 2 trillion new debts. Japan is not in a position to buy. Europe is in shit as deep as USA. Left who to buy? Arabs? Obummer has permission to borrow 2 trillion with nobody wanting to loan it to him.

It is going to be deep shit. Buy if you want to. But be ready for more drops.

 

[HedgeTrader]

Everytime someone introduces himself or herself as a relationship manager, I will correct them with "sales manager".

Yeah man, but still not exact. Actually RM is just salesperson, not even manager. There's a team manager above them managing them.

 

[psy83]

I dont know why i have evil tots but i just want it to crash and burn badly so the rich can lose their millions but then again the commoners will be burn more badly. The lucky lot will be the people with cash in hand to buy low.

 

[obama.bin.laden]

Bravo!

If Obama was reelected USA is gone in his hands, the curse of the black slaves from 3 centuries ago.

If Obama isn't reelected, the next president is the funeral undertaker for USA also.

Along with the funeral of USA EU is also crushed an buried.

:p

 

[Spiky]

Bravo!

If Obama was reelected USA is gone in his hands, the curse of the black slaves from 3 centuries ago.

If Obama isn't reelected, the next president is the funeral undertaker for USA also.

Along with the funeral of USA EU is also crushed an buried.

:p

No more Obama, please.

There is more hope in a white president.
I don't think Obama will be re-elected, unless Americans are mutts ......

 

[Jah_rastafar_I]

Remember my contrarian advice everyone. Now's the time to make money.

Pray tell since when did you give such advice and don't tell me to do a search you twit. You have tons of idiotic posts to sift through.

 

[LeMans2011]

What carnage? It is just an expected deflation... prices are nowhere near "low"... people will forget this all over again by next week

 

[Windsor]

Another round come September as the debt ceiling recently raised is about to be used up soon. Don't wait for that to happen.

 

[QXD]

Remember the theory of Wall Street.

Bears and Bulls make money, only Pigs get slaughtered.

 

[Confuseous]

This is kelong lah - by the fund managers etc to buy cheap. They started holding cash from 6 weeks ago.
Warren Buffet did the same.