The Next Big Crash - Are You Prepared?

[Big Toe]

So green giraffe, you're not so green after all?
Probably green because counters are green.
Or green with envy because of Peter Lim
Or green because of the environment?

I still remember ICS, stake owned by DBS.
When it was being delisted/bought over
I sold too early, a huge huge miss for me.
Good old days. After many many many years, I came to
realise there is a better selection at NYSE, I will go where
there is more certainty and more value to be found.

[specuvestor]

wow GG which house were you in back then? Sorry I couldn't remember but you were probably the only one screaming sell on Wonder Horse as it was the "darling" back then?

Wonderhorse has morphed into a Myanmar play: Interra Resources. I wouldn't touch them.

PS Temperament you need to quote my signature correctly... it sounds more philo and curt

[Temperament]

wow GG which house were you in back then? Sorry I couldn't remember but you were probably the only one screaming sell on Wonder Horse as it was the "darling" back then?

Wonderhorse has morphed into a Myanmar play: Interra Resources. I wouldn't touch them.

PS Temperament you need to quote my signature correctly... it sounds more philo and curt

Yes! Sorry! Will modified.

---

Specuvestor's signature:-
"It's not about who's right, it's about who is left."

Well, i am still around
Probably the pioneer batch of internet traders,
Now who can remember Van Der Horst?(The spectacular rise and fall of it, and it is still around, under a different name)
But must admit, I not much richer from the stock market.

Thanks for remembering Wonder Horse. I am the analyst that brought the mad horse to its knees by revealing that their power barges ran into trouble in the Philippines. Peter Lim is the man that heralded the rise behind little known Indonesian Kotjo.

The CFO, Tan Ngiap Hong, was a good Teochew man that eventually went over to SMB and probably lasted till SMB was delisted.

VD Horse, L&M and ABR were the hot stocks towards the 97 Asian Financial Crisis, not unlike the China stocks fever towards 07 and the current Myanmar madness and alongside don't what type of punt in penny stocks.

GG

[specuvestor]

Just kidding I'm pleasantly surprised that people remember the signature... though I think it actually sums up my experience... Those who are "big time" and we are envious of today, may not be around to "play" in 10 years time.

So going back to the topic: Is crash a time to sell out or time to accumulate. It depends on your time frame and execution startegy with regards to your portfolio and leverage. There is no right answers. The wrong answer is obviously: I will be able to buy at bottom and sell at top.

[Temperament]

Specuvestor's signature:-
"It's not about who's right, it's about who is left."

Well, i am still around
Probably the pioneer batch of internet traders,
Now who can remember Van Der Horst?(The spectacular rise and fall of it, and it is still around, under a different name)
But must admit, I not much richer from the stock market.

[freedom]

STI has dropped from above 3450 to below 3200, yet nothing looks cheap. Says a lot about how STI can be manipulated so much...

[Temperament]

Hi Specuvestor,
Pardon my poor "memory", i should have "copy and paste".
i agree yours, original sound so much better. The first time i read it, i had to think for a moment; wow! such powerful thought. i really like it.

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[Image: madoff-dont-let-wall-street-scam-you-lik...tcountdown]

STI has dropped from above 3450 to below 3200, yet nothing looks cheap. Says a lot about how STI can be manipulated so much...

It's not a surprise to me. Really since day one i invested. If you talk to experienced brokers, they can show you what is "stocks rotational play in SGX market. My first broker was Edmond ? The cheif remisier of the Brokerage Association. i was maybe 5 times greener than GG then. Just a joke. But it's true i was very, very green then.
Ha! Ha!
[Image: MW-BD481_wall_s_MA_20130531141159.jpg]
http://www.marketwatch.com/story/madoff-...ry_popular

[Penguin Papa]

STI has dropped from above 3450 to below 3200, yet nothing looks cheap. Says a lot about how STI can be manipulated so much...

Ya. Market not cheap since beginning of year. Only pockets of opportunity here and there once in a while even since late last year. Keep looking, keep listening, and keep reading.

[kayhian]

Is everyone waiting for a crash like 2008?

[nathanmaloney]

I feel it's very easy to confuse price and value.

True, most counters are expensive now. But that doesn't mean there's no value in expensive-but-promising counters.

When Yoma rose to the 50-60 cents region last year, everybody said it was too expensive/overvalued/dangerous.

Now it's 96.5 cents.

I'm not saying we should buy Yoma/Myamar play/penny stocks. But one should be sensitive to value AND price in such volatile times.

STI has dropped from above 3450 to below 3200, yet nothing looks cheap. Says a lot about how STI can be manipulated so much...

Ya. Market not cheap since beginning of year. Only pockets of opportunity here and there once in a while even since late last year. Keep looking, keep listening, and keep reading.