Beyond Doom and Despair

[poopee]

I am now numb seeing the prices of my stocks crumble several percentage points every day. Now the whole world is menstruating for US, big time. There's blood on the street, not just Wall St but every street across the world.

IndexChange% ChangeLevelSG : STI -132.28 -4.53  2,784.87US : DOW -59.91 -0.49 12,099.30US : NASDAQ -6.88 -0.29 2,340.02US : S

Comments

[junichi_08]

Hey friend, don't lose confidence leh. Though I can see no smiling face during travel returning to office, I think it is the same when I leave the office.

So many people are suffering the same.

[poopee]

hey there. omg HSI. 2000 over points, shedding 8.65%. This is historically the worst drop ever for HSI right??

[zureguy]

ya. the hk index nv lost that many points in one day b4. it's absolutely crazy to drop more than 2k points in one day. and apparently this is only the start of all the dropping. whether or not it'll stop dropping or not will depend on how US banks structure their interest rates in the near future right?

[junichi_08]

However, the HSI recover all 22/1 loss today by rising 2,300 pts. So just always bet a hope for tomorrow. Go for long-term hold if your counters are good companies. The subprime woe will fade out sooner or later.

just my 20 cents.

[osher]

Fed cut rate by .75! LOZL.. YR S-shares will have some technical rebound! Congrats! :)