Posted by Flintstones > 2017-02-08 11:27 | Report Abuse

Ok la. At least mr teh talks some sense this time

Posted by meathere > 2017-02-08 11:53 | Report Abuse

You mean Investopedia.

Anyway, whatever name and/or level you want to define/qualify it; is better if you can capitalize on it.

Posted by pharker > 2017-02-08 12:21 | Report Abuse

one of the most misleading myth is that everyone believes a market crash will be always be preceded by a euphoric climax..but in reality the game has changed nowadays.

A crash can happen anytime and it may not be always preceded by a euphoric buy climax . It can happens in mid-way to a climax or any point along the curve. And if you are waiting for a euphoric climax before exit, you may be caught mid-air with pants down.

The game has evolved and no longer follows past module or past preset pattern. Anytime, shit can happen.

Posted by meathere > 2017-02-08 13:07 | Report Abuse

......The game has evolved .... Anytime, shxx can happen. In general I agree on this but also in a different context with regard to crashes.

If you look from the Great Depression of 1929, Black Friday of 1987, Asia Financial Crisis 1997, Dot-com Burst 2000, US Sub-prime Crisis 2007; each time happened, the rest of the world learned, changed, adapt new policies, control measures and strengthened. Touch wood, you don't see the same type of crash happens twice.

Things still may get overheated (e.g. in China), economy slowing down (M'sia, S'pore, etc), US policies change,. We as a region, part of world economy can be 'shaken' and 'tilted' but is harder now to actually see a full crash.

We learned, we evolved,....