- Joined
- Oct 26, 2008
- Messages
- 5,208
- Points
- 63
For once I have to agree with ahleebabasingaporethief , we have not seen the worst yet. For those who think of averaging in this downward spiralling market it would be catching a falling knife. Your bullets would be used up and when the likes of DBS, Capitaland and the other blue chips company issue rights issues, you would be caught high and dry. With bullets all spent, you have got no $$$ to subscribe to the rights issue.
If history repeats itself, the worst crash would occur in oct 2009 . The worst crash in 1929 occurs in october 1929.
I am looking around your dateline as well. BUT it all depends.
Next on my list will be the CURRENCY crisis. Which currency and when? Your guess is as good as mine.