Sorry, don't quite agree that US shares will tank. I believe it will move up from 20k to 40k region, depending on how severe the worldwide financial crisis is. Funds will park their money in USD because it is the world's reserve currency and part of it will filter to the share market.

2015 is going to be tough for investors/specualtors. You can be cash rich now but can still lose it all because of wrong calls. For those who are fully invested now can also lose it all if prices suddenly take a high dive and not coming up for air for a long long time. So how?

This time around it will be the soverign debt crisis. Last time, government baled out the banks. This time, who is going to bale out the government? IMF or World Bank will be helpless as it is a world wide contagion and it is going to happen in 2015.

SS661M, are you sure Leno has not converted his RM to USD?

Safest view of the waterfall is from the bottom and not from the top.

Leno can be quite graphic but he makes sense. He is brave enough to put himself on a limb and invite derision. I'm sure he has saved quite a number of investors/speculators. SKPETRO with their billions in contracts and recently announced attractive dividend continue to be sold down. After reading Leno's explaination on the current oil crisis it makes sense. Dont understimate Leno's intelligence and research.

Good read.

Tough calls for everyone - those with shares and those with cash.

Leno is saying deflation is on the way.

History repeats and they come in cycles. Joseph predicted seven years of fat cows followed by seven years of lean cows. Currently, our cows are still fat.

Better watch out, better watch, Santa Claus IS NOT COMING TO TOWN.

Calvin, sad to say, I think that you are the one afflicted with tunnel vision. You can only see the trees but not the forest. Think global. The Asian Financial Crisis started when foreign funds pulled out from Asian countries to invest in the Euro. The new currency was then touted to surpass the Dollar. Asia countries with high Dollar debts were badly exposed. Are we better off now? Can we weather another financial storm when our national and personal debts are much higher this time around? EU is imploding and Japan is in recession. How are we going to protect our assets?

Leno, very simple explaination all can understand. Much better than about waterfall. Many see but can't see. Many see but don't want to see. Many see the water fall too late.

Picture of a waterfall always look great. Always remember to keep it in front of you. Good fungsui too.

Tomorrow up some more to make it convincing. Frankly, I'm still in the boat, knowing very well that the waterfall is ahead. I can hear the roar but I don't know where the edge is. Greed.

See the big picture and follow the smart money.

That is one way of looking at cheap oil. Question is does smart money share your views. If `yes' then they should be loading up for the `big bang'. But are they?

Watch out if oil falls below $60 year end. You'll be looking at Angel Falls!

You are right.

Hahaha

In 2016 US stocks will do the reverse.

Hope I'm dead wrong!

I think this outflow of foreign funds is going to roar in the near future. This may be the beginning of the end. Think 2009.

Look for the guys who hired the foreign workers. Search them and most likely you'll find the yellow letters on them.

Gohlai, you also very funnylah.

Just like `Whereismymoola' expose, except for the language. I'm still blushing. I miss Moola, so I have to bear it. Keep coming

The whole world is watching. Action speaks louder than words.

I think you are transparent in what you do, which is good for the readers. You're learning all the time and showing it. Keep on progressing and you'll reach your goals. Youth is still on your side.

Good advice.

What will happen to o&g counters if crude oil should fall to the 60s?

Medium term 2.00. Long term 10 bagger? Can or not?

For Bornoil, all that glitters is gold.

Work3, you are right.

I think Bone has something good to share. Makes a lot of sense.

Sorry if I have stepped on a few toes. No offence to anyone. It's just that I like to count my chickens when they hatch.

Maybe I'm too sceptical. There is no reason for the major shareholders to want to inject their crown jewel into Euro. I wouldn't, if I own only 33% of the company. With private placement (to a friendly party) or rights, I'll still own 33%.

For those who are beginning to `building castles in the air' please read Bursa Dummy's analysis on 08.08.14 above. It will help to bring you back to earth. In this `dog eat dog world' especially in finance, I find it hard to believe that the majority shareholders of Euro (33%) are willing to share the major portion of the cake (Beverly Heights) with total strangers! My take is that they will inject something else other than Beverly Heights. Just my two cent!

Hahaha... Leno is real funny as well as courageous.

I think it is time to exit O&G counters. Price for oil will continue on a downtrend because US, previously a net importer will now become a major exporter, rivalling Saudi Arabia and Russia. Margins for oil contracts will be squeezed hard. Just my 2 sen.

It looks unlikely that a reversal will take place in the near future. More downside is expected. So, when can we be `greedy"? The biggest danger to our stock market is the exit of foreign investors during this time. If it happens, we will be buying our way down to the 2008 price levels!

Historians are also humans, like us. Trust in a machine, it will give better results.

If you believe in cycles, you can be confident when to `be greedy while others are afraid'.

We must appreciate Bones' thorough research. A lot of time and effort have gone into it. Kudos Bones!

As we near RTO, info seem to be gathering steam! Getting more and more interesting! Viper88, you should get a gold medal for your efforts!

likes this.

Sorry, forgot to say my two cents worth!

Many of you are jumping the gun. Pauline Young didn't say crash only correction. No body can predict when the share market will crash, even Marc Faber said so. However, what I have been advised is to be extra careful in November. From now to November, markets throughout the world will get more violatile. It may be more advantageous to trade than to commit long term.

I believe CMSB will move up quickly after ex, as it is the target of big funds. I hope I'm right. Hahaha.

Hahaha.....tick tok tick tok tick tok

Looks to me, the no compete agreement is a done deal. With so many parties involved in the RTO there's bound to be leakage. They have to announce now to avoid untoward speculation