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 Stock Market V31@V28d: Bull vs. Bear, Welcome all Big Sharks & Ikan Bilis

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Babablacksheep
post Jun 21 2009, 07:45 PM

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QUOTE(cherroy @ Jun 21 2009, 04:10 PM)
Economy is simple, most people have fixed wages across, if one is having 1000 monthly let said, and need to spend most of his/her money for pumping petrol, then there is little money left for others goods, so how can economy can recover and growing robust again?

Unless under one situation, wages also grow in line with inflation across, but this just means people previously wages is 1000 now become 2000, while petrol price from 1.80 to 3.60. Then everything back to square one but just with high number. And this means what? Previously hard-earned save money shrinking across, you have no real net grow of the economy in this way.

If economy is not growing, don't expect stock market can go further up.

The only way to make big buck from the stock market is hoping for economy growing again. If the economy stay a -ve, trying to squeeze some profit in a bear market and price spike in between the stock is a dangerous game to play with, no different than trying to find gold in a place full of land mines.
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Does this mean that if petrol price goes down, people can spend lesser for pumping petrol, then there is more money for other goods? Economy can recover faster with low petrol price?
rolleyes.gif

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