Well as predicted haha Dow will slump hehe. Lucky my Forex on the Short for Dow profit handsomely.. Now going to continue short until the dow looks stable before going back to KLSE :)
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Hey edwin!
ReplyDeleteWelcome back! :)
Grats!!! wish u the best!!!!!!!!!!! :D
ReplyDeleteS&P has downgraded US debt, this has created panic in the markets, but the question is should we take S&P seriously when these credit rating agencies have proved that their understanding about economies is indeed poor.
ReplyDeleteRemember, it is the same S&P that gave AAA rating to mortgage backed securities in 2005-2007 and we all know what happened after that, so I guess its time to be bullish when S&P, Goldman and the likes become bearish on the world. please visit http://www.kalpeshmaniar.com for accurate forecasting