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.
Posted by slts > 2015-08-24 12:08 | Report Abuse
1300 on the way
regional europe & us kaput just started
No result.
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save malaysia!
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save malaysia!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,441 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!