GFC 2

[Shorter]

Stock Markets around the world have tanked over 10% and we are in a midst of a another major correction. Economies will feel the heat and effects in about 3-6 months depending on how worst things in Europe gets.

Starting with Greece, PIIGS, and now the European Financial Crisis (EFC) and remember that Thailand was the cause of the Asian Financial Crisis (AFC) back in 1997 .

I am laughing all the way to the bank as I am very bearish and have shorted bonds, Euro, Aussie, stocks, futures and bought lots of PUTs....shooting whatever is left standing.

Germany banned "naked shorts" but there are ways around it and it also forces hedge funds (and me) to short other markets like London, Paris, New York, Singapore, Hong Kong, Tokyo, Sydney, etc.....

Its time to get back to basics as everything has been moving too fast in the last 12-15 months.

Burn Baby Burn !

[just.]

don't get caught in the short squeeze

[collapse]

Interesting to see how the crisis will effect property prices here. I know that Singaporeans don't read news, but if the overseas investors disappear how can we sell overpriced condos to each other?

[Vulcanl]

collapse,

Singapore will do just fine.  EM Asian GDPs are growing at a healthy clip and that will not change as their fundamentals across the board are different (in a good way) from that of the Western developed countries.

[Kubes.SG]

There is very clear linkage between all types of SG property prices and the STI.  Be sure to scroll right.



Clearly we are moving into second dip of the GFC.  Absurd stock price rebounds globally when there was nothing to support it, just empty stimulus money.   

V, you are completely insane.  The bounce in Asia was even more dependent on stimulus than the rest of the world. 

[to V]

collapse,

Singapore will do just fine.  EM Asian GDPs are growing at a healthy clip and that will not change as their fundamentals across the board are different (in a good way) from that of the Western developed countries.

V, you are getting worse than AgentXYZ and Wassis. Have you ever checked what are the FDI investments from EU to Singapore? I can tell you: the largest in the world. Did you know what is the biggest export market of China? That's right, the EU. The Asian stock markets are already having the correction. When the crisis deepens, we will feel it here.

[Sackings]

I know of Euro companies who have terminate their employees in SG and it will get worst.

[By the way]

Once stock markets hit a 20% decline, we will be in a Bear Market correction and this is what happen in 2008 after the Bear Stearns and Citibank collapsed....not to mention WaMu, Lehmans, etc.

I would sell your highly leverage investment property now rather than later.

Sell Sell Sell !

[Agree with V]

Asia has decoupled from the west, Europe is irrelavetn to Asia. Singapore will be fine, Asia will be fine, nothing more to say end of story

[Vulcanl]

Kubes,

"...Clearly we are moving into second dip of the GFC.  Absurd stock price rebounds globally when there was nothing to support it, just empty stimulus money.   

V, you are completely insane.  The bounce in Asia was even more dependent on stimulus than the rest of the world. .."

We'll just have to see, won't we.  I don't agree with you - the fundamentals are much better here.

Will YOU admit (by Jan 2011) if you turn out to be wrong on your calls, though?!?

[Shorter]

Just closed off my shorts this morning and made $3,500 profit on the SGX from shorting yesterday.

Not bad for just spending 15 mins on the stock market.....

[hearing this right?]

Just closed off my shorts this morning and made $3,500 profit on the SGX from shorting yesterday.

Not bad for just spending 15 mins on the stock market.....

So you are a small timer is what you are saying?

[LOOL!]

Hahahaha!

[Shorter]

Let's see....shorting EURO fx have made me over $75k profit in just 1 week, shorting commodities have brought me over $32,500, shorting equities have brought me profits between $2000 to $5000 per day, just shorting OCBC for example have increase my bank balance my $2000....

Want more ?

Trend is your friend and fear factor plays a lot plus shorting increases pressure on more selling.

[EFC1]

Stock Markets around the world have tanked over 10% and we are in a midst of a another major correction. Economies will feel the heat and effects in about 3-6 months depending on how worst things in Europe gets.

Starting with Greece, PIIGS, and now the European Financial Crisis (EFC) and remember that Thailand was the cause of the Asian Financial Crisis (AFC) back in 1997 .

I am laughing all the way to the bank as I am very bearish and have shorted bonds, Euro, Aussie, stocks, futures and bought lots of PUTs....shooting whatever is left standing.

Germany banned "naked shorts" but there are ways around it and it also forces hedge funds (and me) to short other markets like London, Paris, New York, Singapore, Hong Kong, Tokyo, Sydney, etc.....

Its time to get back to basics as everything has been moving too fast in the last 12-15 months.

Burn Baby Burn !

No, not GFC2 - just your EFC1.

Yes, AFC started with Thailand and spread to Asia.

Likewise, EFC started with Greece (or should it be Iceland?), then spread to PIIGS and the swine flu then spread to Europe.

Asia has been inoculated.