A crash, a correction and a bear market have different meanings. Only a very small number of odd people forecast the market will have a crash near future. Haha
tecpower you sound like you holding a lot? wakakakaka. can you prove that you are holding nothing in your portfolio or else your argument is extremely biased to your position in Bursa! wakakaka
Only you and a small number of other people here says market will have a crash near future. Who else says market will have a crash near future? Analysts, funds, media?
Hahahah nobody knows, but my advice is cut some holdings, better hold cash.. you like lah what you do, i see you promote your tech counters very aggresively you 100% confident market won't crash? If no ah better don't promote leh, later people lose their money because of you... very guilty you know?
If you responsible I sailang KESM, INARI, MPI with you lah wakakaka you dare or not? No mah right... You can have your opinion, I can have mine. Being more conservative better than fully invested and your whole portfolio crash with the market
Hahahah tecpower you the one full of crap, all the analyst in US giving weaker forward guidance for semiconductor industry yet you promote heavily, you holding a lot want to distribute kah? Typical conman lah you kikiki oops sorry bocor you already wakakaka
Analysts and economists are good at analysing past events, not future events. Their forecast is very often wrong.
Global Semiconductor Sales in September Up 13.8 Percent Year-to-Year Q3 sales are highest on record, 4.1 percent more than previous quarter, 13.8 percent higher than Q3 of last year.
You also know analysts and economists forecast often wrong lo, what makes you think your forecasts or your ability to predict the future to be better than them? Are you an analyst or economist too? Or better yet you can look into the future?
What they say about future events may mislead investors. They cannot forecast future events correctly in most of the time. But with new data coming into the the market, it will make an adjustment.
Ladies and gentlemen, may I present you with a very good case for the concept of cognitive dissonance.
In the field of psychology, cognitive dissonance is the mental discomfort (psychological stress) experienced by a person who simultaneously holds two or more contradictory beliefs, ideas, or values. This discomfort is triggered by a situation in which a belief of a person clashes with new evidence perceived by that person. When confronted with facts that contradict personal beliefs, ideals, and values, people will find a way to resolve the contradiction in order to reduce their discomfort.
Why in 1998 KLCI drop to 268 pts if foreigners held lots of M'sian stocks true? Hold more not mean less drop?
Posted by Junichiro > Oct 28, 2018 04:19 PM | Report Abuse Back in 1998, foreigners held lots of M'sian stocks. Now, foreigners hold a negligible amt of M'sian stocks.
U remember 1993 big bull run ? Foreigners were then influenced by those US snake oil sellers with themes such as "Pacific Century". When the Bath was attacked in March 1997, some foreigners came to their senses n they started questioning if M'sian stocks are overvalued. The Japanese were the first to sell when they realised that the USD/MYR exchange rates were indeed overvalued. So much so that, if they shift their plants back to Japan, they could make a profit fr those product lines.
When the selling started, others were jolted into reality n joined the huge exodus. It is this exodus that contributed to the Asian crisis.
If foreigners held a small percentage of M'sian shares back then, the impact would have been much smaller.
Junichiro absolutely correct, so this time even if crash hits us, I think KLCI can hold up pretty well at 1,400 but if that last line of defence also broken I dunno lah... EPF and local funds won't betray us right?
Dr M was a colourful character n I hope he still is. I remember I held a huge amount of Bank Utama shares from IPO. Our market was bad then n suddenly carnations rained from the sky. Dr M just said "buy now" to local funds n as expected Bank utama IPO shares were above water on the opening day.
I think we can't battle the big situation now n future.Better we safe ourselves don't invest too more inside market.Many guys known this problem already compared with last global crisis.This is good education for people.Tq for sharing.
now is the best time to hold more cash, whether you are value investor, trader, sailang, hooter or whatever lah. Just remember whatever that is cheap can become cheaper!
Dr. M asked rakyat to buy shares when KLCI was staying at 700 points. Few months later, the index slumped to 268 points. It was a big joke. Many investors or traders got burned kao kao.
Posted by newbie4444 > Oct 28, 2018 04:24 PM | Report Abuse
Why in 1998 KLCI drop to 268 pts if foreigners held lots of M'sian stocks true? Hold more not mean less drop?
Posted by Junichiro > Oct 28, 2018 04:19 PM | Report Abuse Back in 1998, foreigners held lots of M'sian stocks. Now, foreigners hold a negligible amt of M'sian stocks.
KLCI is now under the control of EPF and local funds. It won’t drop much even though DJ crashing as FF share holding is negligible now. But it’s hard to say for mid and small cap.
osted by 郁金香 > Oct 28, 2018 08:08 PM | Report Abuse
Thanks to old horse lor... KLCI was already drop until 500+ due to world crisis, he sent Anwar to jail, instantly Mkt drop another 50%... all shares limited down few days most shares lost 90%... I heard only...
Posted by newbie4444 > Oct 28, 2018 04:24 PM | Report Abuse
Why in 1998 KLCI drop to 268 pts if foreigners held lots of M'sian stocks true? Hold more not mean less drop?
but ah if you see properly it's not much difference. It's just removing his competitor.... Najib = competitor, send him to jail. 1998 Anwar = competitor, send him to jail... Holy shit history is going to repeat itself!
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....
Lukesharewalker
6,535 posts
Posted by Lukesharewalker > 2018-10-28 14:16 | Report Abuse
Each crashes is usually from a new angle something analyst does not know now.
dotcom
subprime
Asian financial crisis