Stock market fell sharply
Jan
23
2008
Yesterday, US and Europe market fell sharply. This was also affected Asia stock market. In Malaysia, KL composite index also down. I have checked my Public Mutual online and All are RED !
Does this indicate that the stock market is in a bear market now and the bull market was gone ? Is this same like what we encountered in 1997 ?
Recently, prices raise for daily commodities essential from petrol to flour. Increasing of prices is really a burden of all of us. Furthermore, the bear market has brought the attention of Malaysian. We are going to face a tough RAT year ?
KA CHOY!!!! It is a FAT~~~~ year…. must be positive~~ Stock market like that one ma…. up and down. Chinese New Year come~~~ erm… I predict…. hhhhhhuuuuuuuummmmmmmmmmm
Go up~~~~ XD
keeyit || Go up Go up la
The recession fears in US cause the falls in global markets. Is the real recession comes? No one know. When it comes, life won’t be easy that time…
keeyit || Yeah, that is what I want to say.. life is definately not easy then
Stay positive. The year of rat must be a good year. Everyone keeps your fingers cross.
keeyit || Hope that too..
Yea, the conditions in US of A is causing some ‘panic’ all over the world. If the demands from US dry up in the next few months, we’ll be affected as well. Hopefully, they can rectify the situation soon.
And we still hear all the bullshit spin about our economy being decoupled from the US economy…. they sneeze, and everyone else will catch the flu lar
Anyway, I wish you all the best and hope things can turn around soon.
keeyit || Yahlor.. how can we do not depend on them…
All my stock in US is sinking *sniff* *sniff*… I don’t even wanna to look at them right now… Anyway, everything goes down must come up again… let’s hope for the day to come.
keeyit || aiya.. hope yours are ok.. wahseh, you rich nia..
did u lose some money?
keeyit || No, I din buy any share..
Glad to see that you are commenting on stock market.
keeyit || Haha.. thanks.. just my opinion..
No worries lar, mutual fund not so much affected I think. It will go up soon.
keeyit || Hope so… I just bought one recently le..
With US economy on the downturn, the world market will be affected badly. What more the petrol price is srill at crazy high level.
keeyit || yalor.. everything’s price is increasing now
so, have you buy any share o not? haha
keeyit || No la.. I din buy any..
Alamak.. better check my mutual funds lerr!!!
keeyit || haha.. go fast !!!
I hope it is not another 1997. Bounce back bounce back!
keeyit || I hope so too..
I agree with TZ.
Everything that goes down will come up
So … now is the time to buy in
keeyit || Hahaha.. so which one you buy, share with us la..
This is a situation where stock market facing recession.. The ‘bull’ run for so long time… Nw is the time for the ‘bull’ to rest… But hw is the future? No one can guarantee… rite??? Hehehe… whether to buy in the stock nw as mentioned by yenjai.net. For my personal advise, we shud sit and wait 1st… The value (overvalued) is still too high for us to buy in nw…
Whoa! Not again! Hopefully the history won’t repeat itself. I don’t even understand the stock market thing at all actually. Lol~
keeyit || I hope so tooo
Perfect time to BUY!!! *wink*
keeyit || hahaha..
this is quite a worry and I do hope the market stabilizes !!
keeyit || I hope that tooo
We rely too much on the US…….. this is what happens when the US falls….. everyone else falls with them…..
keeyit || Yalor, we depend on them lol
Like what they say, it’s a ten year cycle…. more or less. And this time I heard would be even worst than the 1997 economic crisis.
Malaysian Economy is based on US economy.
Now because of the American Sub-prime mortgage crisis, once the economy falls definitely Malaysia would be affected badly as well….
keeyit || should be last year they said.. who knows is this year..
today it’s like this tomorrow you never know.
keeyit || Haha.. such a good phrase..
aiyo I don’t want to be like 1997 year like that.. damn suffer
keeyit || really suffer le.. everyone doesn’t spend, everyoen won’t change job..
the fall wont be as bad as the last recession since people are more prepared this time. it will fall no matter what, jz not as bad.
keeyit || Fall is not good for me, I still think that no good..
Time to ikat perut! Hahaha
Don’t simply buy things.
keeyit || Haha.. yeah…. so must save more n more..
Dun care. So long I dun put too much money into the stock market. Are you?
keeyit || No.. I din have any share but stock market up or down indicates the financial status in the market
It’s a bullshit recession caused by a bullshit artificial inflation in oil prices. The world is not running out of resources anytime soon, and global warming as what Al Gore says is a big myth.
This recession is probably an engineered one just like the Great Depression of 1930s, opening up an excuse for Bretton-Woods to take place and move currency away from the Gold Standard. Now we have currencies that are merely legal tender and are not tied to any solid material value.
The current recession is probably an excuse to initiate the Amero.
The world economic system is total bullshit and it will definitely collapse.
The US Federal Reserves slashed their interest rates and the Hang Seng index rose 10.7% the next day. Isn’t that bullshit? What guarantee do you have that with lesser interest, people will be spending more and there’ll be more liquidity in the market? All these numbers are being created and fed to the people and many will just accept it without questioning.
This reminds me of how Rockerfeller and JP Morgan sparked fear in the banking sector during the late 20s in the US by spreading rumors that the smaller banks were going to close shop. It resulted in massive withdrawals that killed all the 200+ smaller banks due to the weakness of the fractional credit banking system that the very same big bankers introduced to the world. The result? Until this day, when we look at the US, there are only a few big banks.. Citibank, Chase Manhattan, etc. that were direct descendants of the big banks that closed down the smaller banks. The objective was just to gain more control over the US financial system.
Now with the US national debt going deeper, the same artificial economic problems seem to be happening. And a new bullshit have been invented - “sub-prime lending”.. using debts to buy other debts. Isn’t it a surprise that the world economy is an economy of credit, with the numbers floating around being much much much more than what’s actually present in any bank?
nuh, alwiz get ready for that. dont be too positive la. besides, what we can do only work hard lo~