STI Down 70 points

[johnny333]

Bad economy will cause chao kiasee sinkies to vote for Pap

In Spore it is very simple. Everything is controlled by a single party.If things go wrong in Spore we can only blame one world class party.

Eventually everyone will wake up. Hopefully there is something left to salvage from the ruins.

 

[Pek Kim Lui]

STI is down 70points in 2minutes.

kateks screwing STI..........

 

[Cerebral]

Had not seen suckhfree fall since the Asian Financial Crisis, when my "blue chips" & what ever "chips" became , "tapioca chips"....& took an extremely hard knock....nearly lost my pants...nearly!!.

Today's drop could be a knee jerk to Yuan's correction. With the 1.9% announced yesterday, people are worried that Global economy is not doing as well as what is painted. Usually in such sell-downs, it is selling through emotions and chances of a rebound next few days quite likely.

 

[laksaboy]

Bad economy will cause chao kiasee sinkies to vote for Pap

External factors beyond the PAP govt's control. We need a strong team with a proven track record to steer our economy and weather the storm together with Singaporeans.

 

[Songofdeath]

It will go up soon. Dont worry too much. Singapore wont collapse.

 

[TracyTan866]

The stock market goes up and down no matter who runs the country.

Why are you so defensive? I just mentioned STI drop of 70 points

 

[TracyTan866]

Buffett advised us to be greedy when others are fearful and to be fearful when others are greedy!

Buy! Buy!

Good advice. Buy when it is going down. Sell when it is going up. Good strategy

 

[TracyTan866]

haha...that's the impact of the dragon, CHINA! they cut their Yuan and now it has depreciate more than 2% against most currencies. most importantly, i made some.

SG's economy is not doing well too. Just visit the shopping malls and you see the pathetic state of SG's economy. Don't believe what the pap said abt economy growing by 1.8%. Speak to the retailers

 

[TracyTan866]

Told you people Tuck Yew plays an important role. Once his resignation made known, all hell breaks loose.

hahaha....what a reason for STI drop

 

[TracyTan866]

Watching the markets closely now. Hoping to up my stakes in some of our local blue chips.

No need to watch. Just buy blue chips. Buy DBS, UOB, etc

 

[TracyTan866]

Pap MPs are one of the biggest owners of Spore shares. They must have gotten them free as board members. With some MPs leaving or being kicked out, maybe they are selling their shares.

They might be preparing to run road. If PAP loses their majority, it is going to be uncomfortable place for the PAP.

They are well off. No need to sell their shares

 

[Unrepented]

It was already known that it will be getting worse, that's why must hold election asap

If election held later, it will show that the incumbent is also helpless and can't do anything about it:( Then the support will be even worse.:o

not good for the pap that STI is down so much

 

[TracyTan866]

Look at Lui power. Even Harry's death no such impact. I urge Pinky to go on his knees and beg Lui to carry on.

More resignations to come?

 

[TracyTan866]

Had not seen suckhfree fall since the Asian Financial Crisis, when my "blue chips" & what ever "chips" became , "tapioca chips"....& took an extremely hard knock....nearly lost my pants...nearly!!.

This fall has been predicted quite a while ago. Finally it came.

Likewise PAP's demise is also imminent

 

[GoldenDragon]

More resignations to come?

No more. That's all. You expecting Pinky to resign?

 

[GramStroker]

Watching the markets closely now. Hoping to up my stakes in some of our local blue chips.

UOB drop below $20 lvl, pls up your stake while the rest of us can short it.

 

[TracyTan866]

But when the government invest greedily the 60% of the population are not even fearful, they must have stout hearts & Warren Buffet, have not met the 60% of the Singapore population or he would have eaten his words & committed harakiri!

60% lost and gone?

 

[TracyTan866]

Time to buy

agree. when there is a seller, there must be a buyer for the deal to be done.

For every seller, there is a buyer

 

[TracyTan866]

Only the peasants are worried about whether their beloved gor pio goes up or down.

The elite rich still make their money while the lesser mortals get burnt at the financial casino.

the peasants are the critical mass that keep the world going

 

[TracyTan866]

The best time to make money is when the stock market, the property market is down....if you have very deep pockets. At the moment I have no holdings, all sold long before the market started going south, collected good dividends plus profits after prices had increased....now slowly beginning to 'look like a vulture'...... maybe picking up 'good dead bodies"....in the market.

You are in a healthy position to pick up good shares. Congratulations