Post QE3 analysis

[phantom_opera]

Oil surprises on the down side





Palm oil prices hit 3-year lows

stock is flat

gold up but not yet broken record in USD

guess everybody holding horse for election to clear ... except SG property very hot

[kane]

the money supply is in sterilised state so far.

[minority]

not yet reach here. say by 2nd half end we will c it full force by then..

[kane]

not yet reach here. say by 2nd half end we will c it full force by then..

Next year end? Or when?

[phantom_opera]

In view of the strong response to KR and ECO at the back of QEternity of 85b per month, the NUS SRPI NC should be able to break the 200 resistance ... so next target will be 1560psf and ultimately 19xxpsf

Previously I thought this cycle will end up with OCR near MRT 1400psf (which is about 200% from bottom) .. I was wrong, dark side of the force from QEternity is simply unstoppable

now we are looking at 300% from the bottom in 2003-2005 period i.e. from 630psf to 1900psf (300%)

during 1991-1996, property price up 400%