That's why at any day there are many factors which affect the direction. Fundamental is 1 side, sentiment is also the other side. Most of the times the market cannot be reasoned. If it can be reasoned and follow a set of rules (like interest increase ---> this will happen), then economist and psychologist will be the richest person

I would leave WB out ! WB himself can move mkts with his money. We don't have enough money to move mkts, hence, we need to depend on what we interpret of the mkts, and to go only into defensive sectors.

Hahah,... Angie Lau of Bloomberg just SAID THAT : the Feds are also concerned about the rest of the world now and not only the United States economy, unlike last year,... when Ben Bernanke was only for the US economy when he started the tapering.

WB is what some people call a "mover and shaker" . meaning many investors and funds are watching , and likely following , his every move. he is able to set trends in motion.

u were still sperm and ovum 40 years ago. whats your point  ?

I agree. The only way to win if the mkt can hop up and down within short timeframes is by buying both sides of the spot (I contemplated this strategy once in the FKLI Vroom thread).

The problem is how short do we NEED the short timeframes to be for us to win. And that translates into whether the mkt will meet that required timeframe for us to win,... Hard to play-lar,...

taxation, transfer fees, etc.. maybe 79k profit.. still decent over 2 years. question is.. u have RM250k lying around?

this is the scary part.

i hv noticed some fast food chains and new eateries have gone with higher new prices, about +10%, a lot of others still at old price.

by end yr, everything will hv worked through the chain.

the only good news for consumers is oil/crude/petrol prices should remain low.

So, what will happen then if #3 does occur?

It is Hong Leong Investment Bank. A big organisation. They put their reputation on the line in the open. At least they make a complete prediction which we can judge them within a time frame.

I do care IBs or stock brokers are right or wrong. Their opinions affect my decision. And yes, I will form an opinion on who is good at prediction as times go. At least I can judge them if they give a time frame.

For those who refuse to give a time frame while still love to give their prediction with rhetorics, I can't tell whether they are right or wrong ever. They could be right after all. But they have not balls or intention to prove themselves. That makes a debate very difficult and with no ending

BTW, what do you think of RM by this year end ? Just curious to know

I look at it as a chance to convert more MYR into the SGD, since I am taking a longterm bet that Msia will still lose out to Sgp. I hoped they eased, just like in January this yr if my memory serves me correctly.

MGM,

Malaysia had Extra Oil Money in 1997/1998.  Now, Petronas has cash flow problem and need to use its own cash reserve.

Enjoy the show!!!

It will not be like any crashes that Malaysia had before.

Dreamer

U.S.A.

The difference between a successful investor and a fail one is the ability to identify opportunities and be ready to seize them. Of course some elements of risk is involved. No free lunch.

I experienced the AFC "the 1st RM depreciation disaster" in 97/98. I did not take up the opportunities then, solely because of my business which was unprepared and affected badly. I was caught by surprise. This round, I was much better prepared.

Whatever is happening to our RM and other currencies as we speak now is something huge and a phenomenon. If you think this 20 years once event is just a regular event, you are destined to be ordinary.

I expect the whole episode of this significant historical event to continue. The apex is yet to unfold. More to come.

In year 2035, When your children grow up and ask you what happened to the "2nd RM depreciation disaster" 20 years ago ? You can merely tell them to google and read in Wikipedia. For those who seized the opportunities, they can tell their real life experience and how they make (or lose) money. Much more interesting stories and real life experience which you could pass on to your children for learning

If you have not done something, or still cannot see the opportunities, you should start looking

What do you mean ?

Looks like another troll to me