possible, give it a few more weeks.

foreigners still selling down bursa.

crude price resumes fall.

+++ covid19 impact.


everything is falling, isn't it?!

now, we have a big chance with this game... yr power with charts, candlesticks, crystal balls, big balls, whatever...

let's have some fun... not hindsight, "i told u so", "i already said that"...

how will DJIA/S&P behave tonight?

djia futures now limit down -1045 or -4.58%; S&P futures -128 or -4.79%.


what's yr take?

i dunno all the rules... my simple take: it will circuit break at level 1... but not level 2... say final.. 8-9% loss.

u wanna buy airlines?


but yeah, ultra cheap fuel coming.

u wanna infect the moon, mars with covid19?

at the gate, it's -9.7%.

so... everyone go get a kopi.

15... 2 more mins.

S&P now 2403.

the last time, it touched 2399 and bounced off.

will see...

as it turns out, a 12/13% loss.

it was hanging on to -8/9% until the last 2hrs... i had gone to bed, no eye see.

tonight, maybe a sharp uptick... 3rd yo-yo in the making?

i am not convinced of that.

bursa been in slow decay for many years.

the fundamentals aren't that strong... debt, crude price, fdi (lack of), illicit flows, governance, politics = confidence.


i rather put my money on china stocks - these were the first to get hit, will likely be first to recover.

the rest will lag.

i see many here dun like china stocks...

i like FXI.

today is 3rd bounce but will fall again... lower highs, lower lows.

still, good for asian markets tmr..

people get a chance to re-evaluate.

no fun if it drops 10% everyday a few days in a row!

yes, all asian gains wiped off.

europe will see steep losses too.

fun night coming...

get ready.

in 2 mins, NYSE will kickoff.

within seconds, the circuit breaker will kick in.

then take 15mins to get yr teh tarik or kopi-0...

ar no... it did not reach -7%.

think first time i'm seeing this - WTI lost 15%.

i think this round is faster n sharper.

what is scary is... unemployed + covid19.

Coronavirus will infect half the global population, EIU predicts
https://www.cnbc.com/2020/03/18/coronavirus...u-predicts.html

S&P -7%... trading halted.

it is true that generally, the economy here today is in worse shape than 2008 - for reasons we already know.

personally, i am better prepared this time.

but very concerned with this virus thingy... this is diff....

there is no telling what else it will bring, unlike a pure financial crisis which is man-made and will be man-solved.

don't put in bursa so soon...

EWM (malaysian stocks etf) is -7.15%.

tmr bursa may show something like that...