The Next Big Crash - Are You Prepared?

10-20% is a correction, not a crash.
Crash is 2008-2009. Large MNCs Blue chip down by 90%.
Are we in for a crash? very unlikely.
But emerging mkts quite highly valued(they gained the most during the recovery as well)
Nothing unusual going on, just Mr market doing his thing.

thank you Mr. Market

In 2008-09 which sti blue chip dropped 90%?

not sure "value stocks" frequently highlighted here are down sufficiently to have enough margin of safety to accumulate now, if using "sub-prime" crisis prices as rough gauge? means there is still vulnerability in prices? any ideas?

Cosco. $8 to 70c.

(13-06-2013, 01:15 PM)felixleong Wrote: In 2008-09 which sti blue chip dropped 90%?

Noble, Wilmar, YZJ ? I miss the old days where STI drop 100+ points every few days.

yes, agree with bibi.

for blue chips to half its value already means catastrophic damage.

i dun see the possibility of the average blue chip dropping 90%. cos that would mean sti drop till 300points left? how is that possible?

I still remember the index going down from 3800 to 1600, but i was still bery new to investing. I think this time unlikely to crash as much as the index came off from a lower 3450 level.

i wonder how bernanke sleeps at night knowing so many people's lives depend on his every word.

(13-06-2013, 01:52 PM)AlphaQuant Wrote: i wonder how bernanke sleeps at night knowing so many people's lives depend on his every word.

don't think he gives a **** that's how much he cares. He is going to retire soon anyway and next person need to clean up his mess...