i think better this way....punish those who are never prudent...

and at least...immediate market collapse...and then all can start afresh and slowly work our way up...

instead of now...eveyrbody suffer everyday...duno where we are heading....

yea I watched the interview of LKY. He said Euro will eventually break into 2 or 3 tiers currency area.

Btw, how come it affects malaysia so much ? Our banks are not exposed to Greece or Euro problem right?

Why panic?

+1

Great minds think alike

Last time also 2008/2009 does not affect our bank. Our bank also drop a lot. Its all matter of perception. Stock market
have herd mentality.

LOL

Well said, none of our banks will be affected by the Greece crisis........people just panic selling, perhaps a bit overacting.

Asian stocks and U.S. equity-index futures dropped, while the euro weakened for a third day after Italy’s credit rating was lowered at Standard & Poor’s, fueling concern Europe’s sovereign-debt crisis will worsen.
The MSCI Asia Pacific Index slipped 1.1 percent as of 9:24 a.m. in Tokyo. Standard & Poor’s 500 Index futures retreated 0.8 percent. Europe’s shared currency dropped 0.4 percent to $1.3627 and slid 0.4 percent to 104.45 yen. The Australian dollar weakened before the release of minutes from the central bank’s last policy meeting. Oil and copper retreated for a third day, while wheat climbed for the first time in four days.
Italy was lowered to A from A+ on concern that weaker growth and a “fragile” government mean the country won’t be able to reduce the euro-region’s second-largest debt load, S&P said. Greece will hold another call tonight with its main creditors after a “productive” round of talks aimed at staving off default. The U.S. Federal Reserve will start a two-day meeting today amid data forecast to show that housing starts and building permits declined.

Yea, but our stock market is still quite resilient.

1580 drops to 1400 only... still no cheap sales. The counters I am eyeing still very expensive.

1000

This post has been edited by soul2soul: Sep 20 2011, 09:20 AM

oppss.. I forgot BONE got say that our bank loan a lot of money out to buy house. And house price sky high. Debt is high. We might
have subprime problem.

-8 points

This post has been edited by soul2soul: Sep 20 2011, 09:26 AM

ahahah..no need...juz sai lang all your money to buy big piece of land somewhere suburb...then do farming......rear pigs, chicken, cow, fish, etc then plant rice...vegetable...and do barter trade....no erosion in value.....can eat summore....and be healthy...do it organic....

Economic news – Of tightropes and safety nets

The 2012 Budget which will be presented on 7 Oct is all about keeping the economy going
given the acute external uncertainties. The budget measures will build on the foundations
of the Government Transformation Programme (GTP) and Economic Transformation
Programme (ETP) as well as strategic reform initiatives to enhance Malaysia’s
competitiveness. Investors and consumers can look forward to a “friendly” budget that will
stimulate economic growth in the private sector. Generally, the budget is unlikely to deliver
major negative surprises. We also expect targeted “safety net” measures to ease the
burden of the rising cost of living on low- and middle-income households. The Budget
should sustain fiscal support while reducing the budget deficit from an estimated 5.4% of
GDP in 2011 to around 5.0% in 2012.


ETP projects like Amedia, Digista, Smartag

Another boring market............

Meeeoowwwww.......

Anyone know how to check shareholders in the company and when EPF dump shares ?

our stock market is in a way insulated because of EPF and Khazanah....

tiger is standing strong in the rough wave ...

market will burst... klci hit 650... juz wait 4 election n gas malaysia to make money... it's a normal market cycle every 10 year....

will do that once my kids can fly....

I got this advice from my senior Remisier..

wah, so bleak outlook??? damn. Should I sell off all my shares now?

support at 1400 still holding, may U turn into green.....