The worst is over, The golden age is here

**richwang** · 11-10-12, 10:24

Originally Posted by phantom_opera

Don't panic brothers and sisters, it is always the darkest moment just before the dawn ... the US reporting season will present great buying opportunities when panic sellers dump their shares .. the same thing as Singapore properties, many people will be screwed due to loan tenure, buy on dip !!!

China economy is still growing, it is creating a new Greece every 3 months according to UK PM Cameron ... I am about to buy China-A shares for long term

Let your soul
Take you where you
long to be !

Stock market to go down 20% in near term.
It will be a buying opportunity.
I am waiting to buy around STI 2600.

Thanks,
Richard

**phantom_opera** · 11-10-12, 10:26

Unlikely, STI at 2850 I will say buy

Those unable to buy properties anymore will either buy annual MBS club membership or help to boost STI

**roly8** · 11-10-12, 10:27

Originally Posted by richwang

Stock market to go down 20% in near term.
It will be a buying opportunity.
I am waiting to buy around STI 2600.

Thanks,
Richard

uncle richard also ready for it liao ah...

**Secretariat** · 11-10-12, 10:35

Originally Posted by roly8

oh...you remind me of the october monday

Also the Oct 1929 crash leading to the Great Depression.

**blackjack21trader** · 11-10-12, 10:55

Originally Posted by carbuncle

then pck??

Phua Chu Kang la .Google it.

**Secretariat** · 11-10-12, 11:10

Originally Posted by richwang

Stock market to go down 20% in near term.
It will be a buying opportunity.
I am waiting to buy around STI 2600.

Thanks,
Richard

What is the basis? Share with us leh...

**phantom_opera** · 11-10-12, 12:02

I thought I should share some interesting charts

consumer animal spirit to return soon ??

**phantom_opera** · 12-10-12, 22:57

HK centalene index up almost 1% this week, 2.12% month on month

[Centa-City Leading Index]
111.11

0.88 % 2.12 %

**kane** · 12-10-12, 23:15

Originally Posted by phantom_opera

HK centalene index up almost 1% this week, 2.12% month on month

[Centa-City Leading Index]
111.11

0.88 % 2.12 %

At this rate, more CMs will be just round the corner.

**phantom_opera** · 13-10-12, 09:25

Originally Posted by kane

At this rate, more CMs will be just round the corner.

CMs serve to artificially suppress the demand to buy time ... but the underlying fundamental factors like low interest rate, excessive monetary growth and weak exchange rate are left in the cold

MAS surprised the market this time by maintaining gradual appreciation of SGD is the right step ...

**phantom_opera** · 13-10-12, 09:29

recently JP Morgan CEO Dimon said US housing has bottomed and on a slow recovery path ... given the size of JPM ... it kinds of confirm the chart below

that's why I said the worst is behind us, Greece is too small ... all Europe need to do is put a firewall for Spain to stop the virus from spreading further which they will do at all cost

**DC33_2008** · 13-10-12, 09:37

Wait for the stress test.

Originally Posted by phantom_opera

recently JP Morgan CEO Dimon said US housing has bottomed and on a slow recovery path ... given the size of JPM ... it kinds of confirm the chart below

that's why I said the worst is behind us, Greece is too small ... all Europe need to do is put a firewall for Spain to stop the virus from spreading further which they will do at all cost

**phantom_opera** · 13-10-12, 09:43

Originally Posted by DC33_2008

Wait for the stress test.

I am not saying a V-shape recovery, but there will be high chance that it goes sideways for long time after establishing the BOTTOM

Shall we worry about inflation or deflation ... lol

**leesg123** · 13-10-12, 09:54

So will this result in interest rate hike?

**phantom_opera** · 13-10-12, 09:57

Originally Posted by leesg123

So will this result in interest rate hike?

since it is side way movement ... Bernanke will not dare to do anything until there is a steeper recovery

of course unemployment # is another key

and some will say once they start to tighten, there will be no more worries for deflation but inflation so why sell

**phantom_opera** · 13-10-12, 10:14

KLN 109.87 2.78 % 1.21 %
NT (East) 106.39 1 % 2.01 %
NT (West) 92.78 0.89 % 4.59 %

you can see price growth is now coming from NT ... NT(West) up 4.59% month by month

so when NT (West) is selling at SGD1500psf .. Sky Green at similar psf is very cheap

**cnud** · 13-10-12, 11:40

Originally Posted by phantom_opera

KLN 109.87 2.78 % 1.21 %
NT (East) 106.39 1 % 2.01 %
NT (West) 92.78 0.89 % 4.59 %

you can see price growth is now coming from NT ... NT(West) up 4.59% month by month

so when NT (West) is selling at SGD1500psf .. Sky Green at similar psf is very cheap

Buy!!!!!!!!

**newbie11** · 13-10-12, 12:46

If other countries recover, will SINGAPORE see outflow of funds?

**blackjack21trader** · 13-10-12, 14:42

you guys are all very brilliant ! I am so happy to be in this forum feeding and developing my curious mind

**blackjack21trader** · 13-10-12, 14:44

But I must say brother ghost's thought is very original. I love it !

**Laguna** · 13-10-12, 14:50

I spent the whole week in HK, walked till one leg long and one leg short...
and till do not the gut to give a cheque....
the prices are just crazy....

**phantom_opera** · 13-10-12, 14:53

hk and shanghai twin dragon head, sg dragon tail

**leesg123** · 13-10-12, 14:55

Originally Posted by phantom_opera

KLN 109.87 2.78 % 1.21 %
NT (East) 106.39 1 % 2.01 %
NT (West) 92.78 0.89 % 4.59 %

you can see price growth is now coming from NT ... NT(West) up 4.59% month by month

so when NT (West) is selling at SGD1500psf .. Sky Green at similar psf is very cheap

This makes my mm purchase at D10 @19xx psf looks cheap!

**phantom_opera** · 21-10-12, 22:04

HK 119.16 0.36 % 5.21 %
KLN 108.84 -0.93 % 0.88 %
NT (East) 108.44 1.92 % 2.13 %
NT (West) 93.26 0.52 % 4.59 %

Month on month up 5% for HK and NT (West)

NT (East) up 1.92% weekly

China-A seems bottoming around 2,000

**phantom_opera** · 21-10-12, 22:07

在美國推QE3後，熱錢不斷湧入香港，資金搶高港紙，已多次觸及聯繫匯率的「警戒線」。在昨晨紐約交易時段，港匯再次觸及7.75的強方兌換保證水平，令金管局終於出手，自2009年以後首次入市干預，買入6.03億美元（即沽出約46.7億港元），以遏止港匯升勢。分析員預料，在憧憬中國經濟觸底回升下，熱錢「東流」仍會持續，金管局未來或需再度干預。

**phantom_opera** · 24-10-12, 21:56

He (Warren Buffet) also sees a "turn" for residential housing in the U.S. and as it improves, Berkshire Hathaway's housing-related companies will benefit.

=> same tune as JP Morgan

**phantom_opera** · 24-10-12, 22:05

Cheung Kong (Holdings) Limited (0001.HK) -HKSE
119.90 5.00(+4.35%) 3:59AM EDT

**kane** · 25-10-12, 00:04

Originally Posted by phantom_opera

He (Warren Buffet) also sees a "turn" for residential housing in the U.S. and as it improves, Berkshire Hathaway's housing-related companies will benefit.

=> same tune as JP Morgan

there are some lead indicators of US housing, turned 3 months ago.

HK prices quite fierce admittedly.

**roly8** · 25-10-12, 09:06

Originally Posted by phantom_opera

hk and shanghai twin dragon head, sg dragon tail

haha

**phantom_opera** · 25-10-12, 22:19

looks like the dragon head is moving

港股十連升高收46點

<匯港通訊> 利嘉閣地產錄得海怡半島15座極高層E室成交，建築面積1065方呎，單位三房一套房加工人房開則，外望開揚海景，作價1500萬元，折合呎價約14085元，刷新屋苑及分層單位歷史新高紀錄。

據了解，賣方在98年2月份以728萬元購入物業，今番轉售，賬面獲利772萬元，賺幅約1.06倍。

South Horizons 2347 SGDpsf for seaview at HK Island, completed in 1995

but from this chart, I must say WOW!!!!!!!!!!!!!!!!!!!!!!!!!! 14085 HKD psf is so much higher than average

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