Black Monday was nowhere compared with 2008/09 crisis where Wall Street crisis became High Street crisis. Black Monday confined to Wall Street.
In Malaysia, market already crashed on Friday prior to Black Monday, when Karpal Singh and Lim Kit Siang was arrested on Thursday night under Ops Lallang.
Real test for Malaysian market was in 1997/98. Real test for US market was 2008/09. Both were measurable to similar magnitude when you did not know if you would be laid off, or which bank would not open for business the next day......
the night before storm always in peace, DJI almost 22000pts, anyone think that Trump able to bring it to another level of history high? go and check not 10years history, just check hundred years history of DJI, u will know what i mean. 10 years circle period for sure eventually will happen, my question just 2017 / 2018? u need world war 3 to make it happen, hahaha, dont think me last time was 1941. Ppl make it happen, u know what i mean? 1st round, second round, 3rd round...........All the best, now i only holding one stock on hand, happy trading
I think like this. If everyone thinks market gonna crash, it won't crash. If everyone thinks market won't crash, it will crash. I feel more relieved when I read everywhere CRASH CRASH CRASH now... I very scared when everyone says making money in stock market is too easy..
I think d market is not going to crash cos the participation from retail players r very low ,only abt 20% . Moreover still got plenty of penny stocks around. And also still got abundance of stocks undervalue. If the DowJone will to crash ,there might affect KLSE a bit only
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jaynetan
1,495 posts
Posted by jaynetan > 2017-07-18 08:30 | Report Abuse
so , can happen?
if that is the case, everyday someone dying, our turn then?
where to hide?