I have heard many opinion as of when market will bottom. Some said very soon while on contrarian saying that we might experience the next great depression. So lets do a poll to know what everyone's view. I'm referring to global market in general.

the bottom is reach us end of 2008...so we see 2009 quiet year and 2010 start recovering...
All company are panic now how to survive still 2010...

2010 recovering ?? So optimistic. Many have said that the coming wave will have a bigger impact than the one we suffered in 1997. So I really doubt if anyone could "recover" in 2010. Of course, it also depends on your definition on the word "recover" also. According to the latest IMF report, US will have a stagnant economy grow from now on until mid of 2009, but that's just a forecast. The wave has not even finished and IMF already forecast no economy growth for US until mid of next year, so let's assume the full wave hit, predict the REAL impact on global economy anyone ??

From my opinion, I dont think the crisis has finished, not so soon, at least not this year. CDS and the downfall of Lehman and AIG has just sparked up crisis. Moreover with so many countries following the financial institution bailout strategy of US, the real crisis have just warmed up. Imagine those stupid execs in AIG finished the 700b what will happened again, same sh*t as long as they dont put up a solution to fix the real problem, Bernanke knew it and that's why he called for a stimulus instead of stimulant bailout. Those bailouts are just making everyone life tougher than ever. So I predict (take my word at your own risk, I'm no certified economist , blow water only) the real crisis will hit only at mid of 2009, it's waiting for "some"thing to happen to trigger the real big wave.

"BMW Malaysia sales rise 32pc " thanks to our stock market.

Its just that most of people not in the 5%

Making money in stock market is EASY. IF U...

in my opinion i think i will ends at least not in 2008.of course one can predict future.But from the recent news,beside real estate and financial industry in deep problem,accoring to many economist, the manufacture and retail industry start feel the impact too.just look at wat happen to GM.

GM's problem was not started recently. GM has not able to make profit for the past few years. High operational costs and losing market share to Toyota and Honda in their home ground are the biggest contributors to their loss for the past few years.

However, you are right, when the property and financial industries suffers, everyone suffers.

Year 2020. This greatest economic depression will last a decade. Go to sleep

the start hasnt even begun yet....

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Added on October 25, 2008, 12:11 pmmy prediction.. its on a downward fall till year end.. the start of next year would be worst.. it wont recover till nxt year end..

This post has been edited by ruztynail: Oct 25 2008, 12:11 PM

no comment, i know this should be different from 1998, but just a reference
http://bp0.blogger.com/_mh3t3uvFulM/R3Mx3E...sian_crisis.jpg


composite index was 300+ in 1998

This post has been edited by sueway: Oct 25 2008, 09:03 PM

the lowest was 263pts on 01/09/1998. Yup this time is different, it's worse than 1998.

how to say worst?
shop is expanding
last time where got so many franchise bizness?
last time ppl whre got spend on food stall
last time where got so many branded shops

transportation is improving
information is more easily flow through
more mobile user and broadband user
i would say ppl now are more knowledge in handling crisis
compare with 98 and now so big diferent

crisis will be temporary only


This post has been edited by benlaw: Oct 25 2008, 09:58 PM

that's becoz the effect takes time to reach local shore. It's already coming sonny. Sooner u ll see many shops and SMI closing down, ppl get retrenched, more vacant offices and shoplot & more ATM robbery (this is a clear sign of great economy depression)

lets share wifi with neighbour, why pay more

This post has been edited by sueway: Oct 27 2008, 03:46 PM

i agree with singh kalan but then in economy. anything can happen.

if one predicts the economy will be bad for 10 years there are two possibilities

either the crisis resolves within 10 yrs or it will prolong untill war breaks out

about the year 2020 recovery, its just a joke. Don't take it seriously...and hopefully it won't last that long.

Now, it is ATM machine bombing.

This post has been edited by cherroy: Oct 29 2008, 04:35 PM

Based on the trend analysis of 1997 and current 2008, the current KLCI chart is an exact carbon copy of the 1997 downtrend chart. There's no turning back di, its going south....

during 97, KLCI drop frm how much to 2xx? how many % drop?
during 08, KLCI drop frm 15xx to -unknown-
may b v can forecast the bottom by knowing the drop % during 97?

This post has been edited by fergie1100: Oct 29 2008, 06:05 PM

prepare own food also dont know say handle what crisis?

Food crisis In case happened the scenario where you holding RM100 but still cant afford to buy a bread like what happened to USSR many years ago.

So gentlemen, welcome to the '08 Roller Coaster ride, please put on your seat belt and your helmet if you can afford one.