Market crashed

[Rickster]

I can't belive it...STI in green! ....while the whole world is drowning in RED!

[Blackyv]

any of such case will happen here?...

 

http://www.straitstimes.com/Breaking%2BNew...ory_286856.html

[Speddevil]

Pure lucky not affected

[DarkLord]

Tsunami haven't reached yet.

[Law_ong]

got leh...didnt you watch the first episode on channel 8 last nite...the husband jumped out of window in front of his kids coz he cant clear his debts...

[Acemundo]

haha stock analyst always got to come up with these type of "hindsight" reasons

[Irene]

Actually i dun even wanna read this thread. But this week will be an exciting week.

[Modykoh]

just heard from radio that some tragic killing in state due to this finanical jitters..

more to come.'

 

now better supper glue the curertn job...hee hee

[Vyap]

totally agreed, no need to pity new grad.........they need to manage expectations..some still thinking of commanding high salary...with zero experience

 

many moons ago.....many of us grad during economic recession..we graduated, got to accept any job that pay even with $1.5K.. & was already very thankful . the new & younger generation got to start & be realistic abt life..........not everyday is sunday!

[Madsumm]

There is so co-variance but do note that the USD and JPY surged. In the end, the bonds got gains from forex.

 

Surge is not good.. especially for exports etc.. but of course imports will be cheaper.

 

I've overhead that the surge is actually investors pulling out of risky positions and planting themselves into safe haven... the surge will of course discourage lendings in banks and overseas banks...

 

If thus holds true, the market is really slowing down to a crawl.

Like one of the fix-income gurus said, we have already fell over the cliff.

 

Rgds

[Madsumm]

time to invest in gold

Too late.. gold is all time high now..

[Blackyv]

actually hor, cannot 100% blame them because they were consistently being brainwash by someone who keep feeding them with bed of roses situation no matter how sh*ty situation is... what to do, they were encouraged to consistently maintain "positive" until they became delusional and living in "alice the wonderland"..... let them learnt he hardway when they step into the reality....

[Acemundo]

i still remember back then, i was the first batch of graduates who experienced Employer CPF contribution cut from 20% to 10%. even then i didn't own my first car until few years later.

[Wanderer]

Not yet...... it's just started to climb up after a low just weeks ago. So now still can buy.

[Wanderer]

im wondering wads next. next time go toilet take lift all must pay $

Soon everyone's nitemare will be realized. ERP gantry in front of lifts and toilets!

 

Now it's really Pay-And-Pay

[Tonyg]

Keep yr CC in the freezer, don't live with borrowed money. Use cash to purchase thing. That will monitor yr ability.

[Rickster]

Tsunami haven't reached yet.

 

Yea, today feels like the calm before the real tsunami lashes us tml.

[Albeniz]

actually hor, cannot 100% blame them because they were consistently being brainwash by someone who keep feeding them with bed of roses situation no matter how sh*ty situation is... what to do, they were encouraged to consistently maintain "positive" until they became delusional and living in "alice the wonderland"..... let them learnt he hardway when they step into the reality....

 

Yeah... bed of roses.

 

Not to worry, we are just experiencing "economy slow-down with possible increase in umemployment rate". That's all.