1 person likes this.

3 comment(s). Last comment by slts 2015-08-24 12:08

calvintaneng

53,302 posts

Posted by calvintaneng > 2015-08-24 06:10 | Report Abuse

A DIRE WARNING OF A LOOMING CRASH!

IN 1928 COMMODITY PRICES CRASHED. THE CRASH SIGNALED THE DECELERATION OF DEMAND DUE TO OVERPRODUCTION OF EVERYTHING.

THEN NEXT YEAR THE DOW JONES CRASHED ON DEC 29 1929 WHICH USHERED IN A DECADE OF GREAT DEPRESSION FROM 1929 to 1939 UNTIL THE OUTBREAK OF 2ND WORLD WAR!

NOW ALL HARD COMMODITIES LIKE IRON ORE, COPPER, ALUMINIUM & ZINC HAVE ALL CRASHED!
IT SHOWS CHINA IN CONTRACTION MODE. CHINA IS DEFINITELY SLOWING DOWN. AND THE YUAN DEVALUATION WILL HIT US MULTINATIONAL COMPANIES HARD! WHEN US COMPANIES REPATRIATE PROFITS BACK TO THE US A WEAKER YUAN MEANS LESS EARNINGS. AND SINCE EARNINGS ARE HIT HARD SHARE PRICES WILL CRASH FOR S & P COUNTERS, DOW JONES & NASDAQ!

THEN THE US WILL GO INTO A CRASH LIKE MALAYSIA & CHINA! THE WORLD IS NOW INTERLINKED AS ONE - DIRECTLY AND INDIRECTLY! SO NONE CAN ESCAPE THE CARNAGE!

MALAYSIA EXPORTS WILL THEN BE HIT HARD!

ONE UNMISTAKABLE SIGN IS THE DROP OF SMART PHONE SALES FROM CHINA - BOTH APPLE & SAMSUNG WERE HIT HARD. WITH PLUMMETING DEMAND MALAYSIA'S SEMI CONDUCTORS WILL BE HIT! ALL EXPORTING FURNITURE COMPANIES WILL ALSO BE HIT!

NOW IS THE TIME TO SELL ALL EXPORT STOCKS WHILE THE SELLING IS GOOD!

DON'T BE GREEDY ANY MORE! SEE THOSE WHO SOLD IFCA ABOVE RM1.60 to RM1.80 WERE LAUGHING ALL THE WAY TO THE BANK. THOSE WHO CHASED IFCA AT PEAK PRICES OVER RM1.80 ARE SITTING ON MORE THAN 60% PAPER LOSSES NOW!

BETTER ACT NOW ON FURNITURE AND EXPORT STOCKS NOW!

ELSE THE SAME FATE OF IFCA WILL BEFALL YOU!

RicheHo

135 posts

Posted by RicheHo > 2015-08-24 11:37 | Report Abuse

Not a good sign. Really worry about the global market. It is just the beginning.

slts

2,154 posts

Posted by slts > 2015-08-24 12:08 | Report Abuse

1300 on the way
regional europe & us kaput just started

Post a Comment
Market Buzz