The Next Big Crash - Are You Prepared?

here we go again.....

(27-08-2013, 10:00 PM)camelking Wrote: here we go again.....

Put on your crash helmet, fasten your seat belt, brace yourself and ... wheeeee..... let's try to enjoy the ride, assuming we survive it....

In my case, sell low-beta (some call it defensive stocks) to free up cash, change target list (adjust for additional discounts depending on quantum of STI drop), wait for target to hit...

PS. Some also call it as sell winners to buy losers...

Sounds like a good plan. Kopikat! I am holding deep discount to NAV stock with very good story growth backing it near term in 3-6 months.

With Syria tension, QE tapering rising interest rate, S-chip hammered, Myanmar counters overcooked, Hype on Iskandar, fraud companies on the rise. I see a BIG Tsunami coming..

(27-08-2013, 10:32 PM)KopiKat Wrote:

(27-08-2013, 10:00 PM)camelking Wrote: here we go again.....

Put on your crash helmet, fasten your seat belt, brace yourself and ... wheeeee..... let's try to enjoy the ride, assuming we survive it....

In my case, sell low-beta (some call it defensive stocks) to free up cash, change target list (adjust for additional discounts depending on quantum of STI drop), wait for target to hit...

PS. Some also call it as sell winners to buy losers...

Some called it "rebalancing".

CASH IS ALWAYS "KING" - No matter one Husband with 4 Wives.

(27-08-2013, 10:58 PM)Temperament Wrote: CASH IS ALWAYS "KING"

Cash Flow is Queen.

The saying goes,

"Every successful man has a woman behind him".

finally some down after so much up. STI for sure less than 3000 now Wait for further credit crunch in China as seems they are not printing more money...

crunch crunch crunch...

(28-08-2013, 01:03 AM)BlueKelah Wrote: finally some down after so much up. STI for sure less than 3000 now Wait for further credit crunch in China as seems they are not printing more money...

crunch crunch crunch...

while it is always better for an individual that they get to collect assets at a better valuation. calling for markets to further die probably isnt a healthy mentality as there are others suffering. some win some lose. we take what the market gave us.

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(27-08-2013, 10:41 PM)DP28 Wrote: Sounds like a good plan. Kopikat! I am holding deep discount to NAV stock with very good story growth backing it near term in 3-6 months.

With Syria tension, QE tapering rising interest rate, S-chip hammered, Myanmar counters overcooked, Hype on Iskandar, fraud companies on the rise. I see a BIG Tsunami coming..

so bad news are suppose to get hammered? is that always the case? isnt that what we have been saying since 2009?

(27-08-2013, 10:41 PM)DP28 Wrote: Sounds like a good plan. Kopikat! I am holding deep discount to NAV stock with very good story growth backing it near term in 3-6 months.

With Syria tension, QE tapering rising interest rate, S-chip hammered, Myanmar counters overcooked, Hype on Iskandar, fraud companies on the rise. I see a BIG Tsunami coming..

Actually, the ones I'm selling are not of your kind of quality. Mine are "defensive" (for now) as it pays a decent dividend yield. But, no discount to NAV plus little or no growth. I'd likely hold those with good track record of growth.

Drizzt Wrote:so bad news are suppose to get hammered? is that always the case? isnt that what we have been saying since 2009?

You mean 2010? For the 1st Q of 2009, we were still "enjoying" the "hammering".... The subsequent recovery was very sudden and fierce, I think the nay-sayers were too shell-shocked... It was likely only in 2010 that they re-surfaced, supported by a worsening Euro crisis.. There were "cheered" when the market finally took a dip in 2011, but in a surprising twist, the market again rebounded in 2012. Now, it's finally dipping again... To cheer or not to cheer, while we wait to see whether the market hammer or not to hammer... that is the question... For me, I'm "hyper", just can't sit too still for too long.... Going to get "hammered"... Worst case, just ride out any "tsunami" and hope for the best... Let's see how my new portfolio allocation works this time..

QE tapering will only happens on the back of recovering economy. This do not align to market crashing.
Syria conflict will help create jobs due to military expenditure. Oil spikes seem temporary.
Fraud rise ?