So naive....you all still believe hk and hg will up....cut loss...please...hk now worth no more 10sen...hg not more 19sen....if najib want to save our stock,index will do magic. ....it will shoot to 1750above...and then you will regret that so much people holding tight right now will dump like no tmr....pity on you.....congras...c7.....
Please stop giving too much of negative comment, some of them might get heart attack if anything goes wrong. Just pray for them and wish them good luck, ok? Thank you. -_^
Please stop giving too much of negative comment, some of them might get heart attack if anything goes wrong. Just pray for them and wish them good luck, ok? Thank you. -_^
I sold some HG (cut loss) and swap some with HK as it has longer life. Actually it is a 50 50 game and Fund_Manager has provided us his best opinion...just pray for the best for our PWs. I have prepared myself to loss double tomorrow. Worst case, get a flexi personal loan from bank to cover the loss la.
It is not a given that a raise/no raise binary will bring about a negatively correlated movement in global indices.
Those who have followed SP500 vs Fed rate before (basically traders in their 40s) who have been in this war for long enough would have seen enough cases where rate increasse continues to support rallies, and interest rate cuts continues to feed the hungry bears.
The best analogy I have seen is that this is like going into battle the first time. You will be really kan cheong, but like in General Patton's famous speech, 95% of you will survive. The other 5% are those who have bet their pants, and their grandmother, into one thing or the other.
Hopefully you won't be needing it, but good luck anyway.
haha, thanks ya. To me, in long run, I really don't think overall market is so good. This NJB is only applying short term solution, he does not really solve the root cause...slowly Msia will become 4th world country, now even Bangladesh workers look down on RM, they also know RM is depreciating seriously. Credit rating agency will visit msia too....don't u think if US becomes stronger then it will further press down the value of Msia? NJB got no money to peg our currency, look at our foreign reserves level, getting lower and lower, now triggered racist rally some more....I will keep PWs to hedge my shares la. Actually the worst thing has not visited us yet, just worry about property bubble which may trigger more severe impact to our country....my company is doing financing business, now those people dun even able to make the first payment after they signed the deal.
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....
Fund_Manager
693 posts
Posted by Fund_Manager > 2015-09-17 16:19 | Report Abuse
Superb99, if you watch CNBC, all analysts are confident of the rate hike. So are we. Dun worry and hold tight to your puts