Bloomberg: China Has Entered the Bust Phase: Whelan

Bloomberg - China Has Entered the Bust Phase: Whelan http://bloom.bg/1RX35y9

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Actually, I don't know why you have been questioning China.

Going down the same track if u so wish to pursue that is really no place to hide even if you all the cash on earth.

The world to me now is just a big CON job... the only saving grace is the ability to identify the lesser devil.

Given that the whole world is so integrated, it really doesn't matter if you diversified or not.

Technically, the whole world is broke after the last GFC... the only reason why economic policies exist is simply because human beings continue to exist and as such there needs to be leadership globally to ensure that life is not tough, ie to provide HOPE for human race to keep struggling along.

Bear in mind this... the mkts will always be around and irrationality will continue due to controversial policies to ensure the survival of leadership.

To stay constantly negative will blind one's vision on the next opportunities.

Presently, the biggest issue facing world leaders be they political or financial leaders is how to keep the struggling global economy plodding along to ensure a sustainable level of employment and in turn that of fragile world peace.

(26-07-2015, 10:55 AM)BlueKelah Wrote: Bloomberg - China Has Entered the Bust Phase: Whelan http://bloom.bg/1RX35y9

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Looks like she is right.

China Plunge Again

(27-07-2015, 04:35 PM)corydorus Wrote: Looks like she is right.

China Plunge Again

ahaha post same time as me

after half the stock exchange was halted last last week, they have been unhalting the counters last week gradually. looks like the fund managers are running as fast as they can once their counter unhalt.

(27-07-2015, 04:39 PM)BlueKelah Wrote:

(27-07-2015, 04:35 PM)corydorus Wrote: Looks like she is right.

China Plunge Again

ahaha post same time as me

after half the stock exchange was halted last last week, they have been unhalting the counters last week gradually. looks like the fund managers are running as fast as they can once their counter unhalt.

no place to hide... whole world is a CON job, we are all going bankrupt...

Look at the positive side. We haven't had a decent stock market crash since 2008. The taper tantrum was just a blip, not a proper crash. Before the GFC we had some real volatility, with the Asian Financial crisis followed by the internet stock bust, 9/11, and SARS.

The system needs the cleansing effect of a crash. Great for serious investors - the good and the bad all plunge together, throwing up wonderful opportunities that the value investor can recognise in the wreckage. Excluding China, of course, where I don't trust any reported numbers, from the government's GDP statistics to company accounts, so have no basis for recognising value. The burns from S-chips run deep.

(27-07-2015, 04:54 PM)greengiraffe Wrote:

(27-07-2015, 04:39 PM)BlueKelah Wrote:

(27-07-2015, 04:35 PM)corydorus Wrote: Looks like she is right.

China Plunge Again

ahaha post same time as me

after half the stock exchange was halted last last week, they have been unhalting the counters last week gradually. looks like the fund managers are running as fast as they can once their counter unhalt.

no place to hide... whole world is a CON job, we are all going bankrupt...

(28-07-2015, 06:06 AM)Dosser Wrote: Look at the positive side. We haven't had a decent stock market crash since 2008. The taper tantrum was just a blip, not a proper crash. Before the GFC we had some real volatility, with the Asian Financial crisis followed by the internet stock bust, 9/11, and SARS.

The system needs the cleansing effect of a crash. Great for serious investors - the good and the bad all plunge together, throwing up wonderful opportunities that the value investor can recognise in the wreckage. Excluding China, of course, where I don't trust any reported numbers, from the government's GDP statistics to company accounts, so have no basis for recognising value. The burns from S-chips run deep.

In SGX, bargain still not widely available. Keppel has dived below $8, which may be a candidate.

Be fearful when others are greedy, and be greedy when others are fearful - Warren Buffett
别人贪婪时我恐惧, 别人恐惧时我贪婪 - 巴菲特

Warren Buffet: "Steady! Join me for an ice cream."

always see this quote by Buffet when there are mini crashes, however if every mini crash I'm 'greedy' and go in and buy some, in the end I would be out of bullets already. And ended up I still find up my stocks in the red

I still do not fully understand the meaning of this quote

(28-07-2015, 10:39 AM)jjlim84 Wrote: always see this quote by Buffet when there are mini crashes, however if every mini crash I'm 'greedy' and go in and buy some, in the end I would be out of bullets already. And ended up I still find up my stocks in the red

I still do not fully understand the meaning of this quote

my system is keep 50% cash then everytime crash down 10% take out 10% cash to buy, that way can buy in until market reach 50% down.

after that if crash another 10% to 60% then use whatever dividends coming to buy some more and really fully vested.

So very hard to run out of bullets Unless market down till 70-80% which by then everyone will be buying gold and SGX will have to close up shop.