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11 comment(s). Last comment by robertl 2013-09-19 11:57

Jerry

1,895 posts

Posted by Jerry > 2013-09-19 06:39 | Report Abuse

lol, they are kidding and now bursa will fly :D

chongkonghui

1,117 posts

Posted by chongkonghui > 2013-09-19 06:48 | Report Abuse

just sold many stocks yesterday...

andychucky28

1,600 posts

Posted by andychucky28 > 2013-09-19 07:23 | Report Abuse

Dow went up 147 points. All time high. See how the KLSE will up even thought we have our corrupted UMMO in place.

King Kong73

2,065 posts

Posted by King Kong73 > 2013-09-19 07:34 | Report Abuse

Show me the money

Posted by gohchinlim > 2013-09-19 08:54 | Report Abuse

qe game continue, time to sell , reserve fund for next qe game to start.

Avocado_C

129 posts

Posted by Avocado_C > 2013-09-19 10:01 | Report Abuse

This Bernanke is real *******, when everyone doens't expect anything, he suddenly announced that there would be QE tapering. When everyone expects him to taper, he said maintain QE. I now tend to believe the conspiracy that he actually collaborates with the Wall Street guys. He knows the QE is definitely not sustainable (it's a giant bubble), but he couldn't care less (as he is retiring).

I guess the main reason why they maintain QE is because the mortgage application rates dropped in August due to rising rates. QE didn't solve the root cause, it didn't create sufficient wealth or increase income of the general Americans, it all pocketed the Wall Street guys.

haikeyila

1,068 posts

Posted by haikeyila > 2013-09-19 10:07 | Report Abuse

yup. certain groups made a killing in recent market swings. you bet.

robertl

25 posts

Posted by robertl > 2013-09-19 10:21 | Report Abuse

The big cooperations in US are holding up large amount of profits reluctant to invest due to market uncertainties. That why the unemployment in US is still at 7.4%. This month, the sequester kicks in. Mkt is again fills with uncertainties. But for time being, I think mkt will be up and ppl r taking profit in anticipation of next rally. This is my personal opinion only...

yktay1

464 posts

Posted by yktay1 > 2013-09-19 10:26 | Report Abuse

Just a question, I thought 1997 style Asian Financial Crisis coming?

Avocado_C

129 posts

Posted by Avocado_C > 2013-09-19 11:49 | Report Abuse

Yktay1, we all know there will be a crisis/stock market crash every 5 or 10 years... It's a cycle which keeps repeating itself, but we don't know exactly when. The market is much more volatile now compared to last time. And this QE and the property bubble, I believe are real time bomb. Well, since we play the game, we just watch and see what happen, or else quit the game.

robertl

25 posts

Posted by robertl > 2013-09-19 11:57 | Report Abuse

Avovado, I agree w u that this QE n property bubble is real time bomb.

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