Some said it is time to buy....some said long term down trend and short up trend.......some said correction is over don't miss this opportunity........Christmas rally..........Singapore property has already bottom.........
In general, markets came down between 16% to 44%. Not surprising, mature markets came down lesser than the emerging market. Difference on the down side in term of percent, happen not only today, ten, twenty years back was this way, 10 years from now will still the same. http://achua138.blogspot.sg/2015/08/why-asia-market-tumbled.html
As I said - first time in history, bull charge for more than 5 years. He was tired and the mama bear took the opportunity to pound on him. Nevertheless, the bull still has the last breath and he will fight back. And that was what we were seeing over the past few weeks. How far can he goes?
I mentioned that - with politician involvement, the market is not easy to foresee and predict. Past one to two months, I saw lots of retail investors/traders chose to stay out. We saw market went down and the up like coasters. Experts said that it was because of the US, FED will not raise their interest rate in October, in Y2015. Why? Because of the poor monthly data numbers.....
Those were only an excuses and 骗人的借口. The person who really moved the current going around were the fund, institution.......Lousy PMI numbers, lousy non-farm numbers........if someone is going to tell me those numbers are great as it means that interest rate is not going to raise. You know what I am going to ask him/her? Continue to have those poor numbers for 3 months, then you continue to tell me oh good........ Common sense tells us whether those lousy numbers are from the US, Europe, China.....or anywhere, what does that means? Something wrong is with their economic, isn't it. Then what the expert going to say next? Oh another QE? You will come to a day where people is going to be sick of that QE.
First time in history, country after country are printing money. Interest rate close to zero. The next crisis going to come, won't be that easy as what we think. Now, those people who save their money inside the bank is stupid, right? Why? Because of depreciation, inflation........ Inflation really at 0.1%, 0% -0.1%.......you better know how this number was calculated. Your daily expense, a plate of chicken or a can of baby milk powder, how much it cost in 5 to 10 years back compare to now?
Concern and worry about China economic growth. That's only one part of the story. As I said knowing and respect the big brother. Janet Yellen knows the consequence of raising interest rate when everyone is printing money. What she was doing was to buy time and doing something which called psychology approach.
Today market is mend for trade. You will continue to see the coaster ride. Whether the bull will bring us to another peak or papa bear will pound on him before he exited the peak, I know only one thing, the market is at current situation - refer to the chart. The Y2007 scenario.
In general, markets came down between 16% to 44%. Not surprising, mature markets came down lesser than the emerging market. Difference on the down side in term of percent, happen not only today, ten, twenty years back was this way, 10 years from now will still the same. http://achua138.blogspot.sg/2015/08/why-asia-market-tumbled.html
As I said - first time in history, bull charge for more than 5 years. He was tired and the mama bear took the opportunity to pound on him. Nevertheless, the bull still has the last breath and he will fight back. And that was what we were seeing over the past few weeks. How far can he goes?
I mentioned that - with politician involvement, the market is not easy to foresee and predict. Past one to two months, I saw lots of retail investors/traders chose to stay out. We saw market went down and the up like coasters. Experts said that it was because of the US, FED will not raise their interest rate in October, in Y2015. Why? Because of the poor monthly data numbers.....
Those were only an excuses and 骗人的借口. The person who really moved the current going around were the fund, institution.......Lousy PMI numbers, lousy non-farm numbers........if someone is going to tell me those numbers are great as it means that interest rate is not going to raise. You know what I am going to ask him/her? Continue to have those poor numbers for 3 months, then you continue to tell me oh good........ Common sense tells us whether those lousy numbers are from the US, Europe, China.....or anywhere, what does that means? Something wrong is with their economic, isn't it. Then what the expert going to say next? Oh another QE? You will come to a day where people is going to be sick of that QE.
First time in history, country after country are printing money. Interest rate close to zero. The next crisis going to come, won't be that easy as what we think. Now, those people who save their money inside the bank is stupid, right? Why? Because of depreciation, inflation........ Inflation really at 0.1%, 0% -0.1%.......you better know how this number was calculated. Your daily expense, a plate of chicken or a can of baby milk powder, how much it cost in 5 to 10 years back compare to now?
Concern and worry about China economic growth. That's only one part of the story. As I said knowing and respect the big brother. Janet Yellen knows the consequence of raising interest rate when everyone is printing money. What she was doing was to buy time and doing something which called psychology approach.
Today market is mend for trade. You will continue to see the coaster ride. Whether the bull will bring us to another peak or papa bear will pound on him before he exited the peak, I know only one thing, the market is at current situation - refer to the chart. The Y2007 scenario.
As for Singapore property bottoming up, is time to buy? Refer to my past posted - http://achua138.blogspot.sg/2015/08/singapore-property-market-really-bottom.html. You are going to see housing rental, office rental, industry rental coming down, private property................http://achua138.blogspot.sg/2014/01/hdb-resales-price-falls-for-first-time.html.
