It closed last Friday at 1,600, which coincided exactly with my call for that week. I don't trade, so I just talk only. I love to watch wealth being destroyed because I have seen how people sell themselves and all their principles for money.
Too much money is evil. People's egos swell when they have money and power. They trample on others. They don't have respect for each other. Everything is available at a price.
Now comes recession. Wealth is destroyed. People become humble, help one another. That is what life should be. Having just enough money is enough, don't have to have a lot to show off expensive brands and cars - all these things that are meaningless.
With STI closed on Monday, there will some some "catching up" or should I say "sliding along" with Asian markets' slide plus the additional Dow loss tonight.
From 1,600, STI will easily fall to 1,4XX. If there are additional foreign fund exits and forced sales from all those who tried to pick bottom on margin, there is a good chance it may even hit 13XX. After all it is 12.6%, which is what Hang Seng alone fell on Monday.
I am really enjoying this.
If anyone gets retrenched, remain steady. As long as you understand that money means nothing, you will be fine. I lost my job for very long time. I have survived all this while and remained happy. Please understand, wealth is bullshit, just enough is the best.
REMEMBER, TOO MUCH MONEY IS EVIL. LIVE SIMPLY AND ALL IS WELL
Too much money is evil. People's egos swell when they have money and power. They trample on others. They don't have respect for each other. Everything is available at a price.
Now comes recession. Wealth is destroyed. People become humble, help one another. That is what life should be. Having just enough money is enough, don't have to have a lot to show off expensive brands and cars - all these things that are meaningless.
With STI closed on Monday, there will some some "catching up" or should I say "sliding along" with Asian markets' slide plus the additional Dow loss tonight.
From 1,600, STI will easily fall to 1,4XX. If there are additional foreign fund exits and forced sales from all those who tried to pick bottom on margin, there is a good chance it may even hit 13XX. After all it is 12.6%, which is what Hang Seng alone fell on Monday.
I am really enjoying this.
If anyone gets retrenched, remain steady. As long as you understand that money means nothing, you will be fine. I lost my job for very long time. I have survived all this while and remained happy. Please understand, wealth is bullshit, just enough is the best.
REMEMBER, TOO MUCH MONEY IS EVIL. LIVE SIMPLY AND ALL IS WELL
