THE INVESTMENT APPROACH OF CALVIN TAN

The Dow (INDU) dropped 1,191 points, or 4.4% in its worst one-day point drop in history. Swift, sweeping & shattering!!!

calvintaneng
Publish date: Fri, 28 Feb 2020, 07:14 AM
calvintaneng
0 1,815
Hi Guys,

I have An Investment Approach I which I would like to all.

New York (CNN Business)US stocks again sold off sharply on Thursday as worries about coronavirus mounted. The S&P 500 posted its worst day since August 18, 2011, and the three main indexes fell into correction territory. Stocks are on track for their worst week since the financial crisis.

The Dow (INDU) dropped 1,191 points, or 4.4% in its worst one-day point drop in history. The index has fallen more than 10% below its most-recent peak, putting it in correction.
The S&P 500 (SPX) closed down 4.4% and finished the day below the 3,000 point mark. The index is also in correction territory.
The Nasdaq Composite (COMP) ended down 4.6%, more than 10% below its latest peak.
All three indexes are on track for their worst week since the fall of 2008, the midst of the financial crisis.
In the United Kingdom, the FTSE 100 (UKX) also fell into correction territory Thursday. This is the market's first correction since December 2018.
 
SWIFT, SWEEPING AND S-H-A-T-T-E-R-I-N-G!!!
All the more must hide in tsunami sheltered stocks with 
HIGH NET CASH
LITTLE DEBT
RECESSION PROOF BUSINESS
GOVT INTERNAL STIMULATION STOCKS INSULATED & ISOLATED FROM WORLD MARKET TURMOIL
 
Best Regards
 
Calvin Tan

 

Discussions
2 people like this. Showing 2 of 2 comments

calvintaneng

IN PAST MARKET CRASHES - THE DEPTH OF COLLAPSE IS 90% OR MORE

1) TULIP BUBBLE CRASHED BY 90%

2) SOUTH SEA BUBBLE CRASHED BY 90%

3) WALL STREET CRASHED BY 90% DURING GREAT DEPRESSION

4) ASIAN FINANCIAL CRISIS M'SIA BLUE CHIP/2ND BOARD DOWN 90%

PUBLIC BANK WAS 80 SEN, NESTLE RM11.80 & MAYBANK RM2.50

5) 2008 SUBPRIME: LEHMAN BROTHERS, BEASTERN, MERILL LYNCH, WASHINGTON MUTUAL WENT BANKRUPT

https://www.theguardian.com/business/2008/dec/28/markets-credit-crunch-banking-2008

2020-02-28 07:26

calvintaneng

Precisely We SEE good solid reasons to buy and hold Netx

1) NETX HAS RM34 MILLIONS CASH VERSUS DLADY WITH ONLY RM32 MILLIONS CASH

NETX HAS ANOTHER RM72.7 MILLIONS WITH ARIANTEC THE SUBSIDIARY & OTHERS

SO NETX IS ROCK SOLID WITH RM106.7 MILLIONS IN CASH AND CASH EQUIVALENT

ZERO BORROWINGS FOR BUSINESS

QL HAS RM1 BILLIONS BORROWINGS NOW HANGING OVER ITS NECKS

FOR ALL OF US HOLDING THIS ROCK SOLID NETX WITH PROSPECT OF NFCP RM50.3 BILLIONS FIBER JOBS IS A REAL SAFE SHELTER IN THIS TIME OF STORM

2020-02-28 09:16

Post a Comment