Poll Subject: Death and Destruction of the world's stockmarkets, did it affect you?  single choice [Show Voters]
(1)Yes, I am ready to jump off a building.
  1 (3.33%)
(2)Yes, but not to the point of jumping off a building.
  3 (10.00%)
(3)Yes, but not enough to sink me.
  14 (46.67%)
(4)Not really, I will just write it off as a bad day of gambling in Macau.
  7 (23.33%)
(5)No, it has nothing to do with me, I am (Girk Dop Sut Day) "Cantonese&quo
  5 (16.67%)


Subject: Death and Destruction of the world's stockmarkets, did it affect you?
bbbjp
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Post at 5-11-2008 01:04  Profile P.M. 
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Reply #79 Kennichi's post

I read some report by an economist that reckons the market has 30-40% more to drop to reach historical P/E levels during recessionary periods where the economy has shrunk 2.5% or more.

What he wrote seemed to make sense. The wild swings atm are just panic sells and technical rebounds that show the market doesn't really know what the price should be fundamentally or they don't care.
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5-htp
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Post at 13-11-2008 12:59  Profile P.M. 
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online gaming has slowed down a bit, mostly from the new u.s.a. laws. partially with the stock market i guess, not as much free money online as before...




c'est le jizz
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dsed78
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Post at 14-11-2008 20:00  Profile P.M. 
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nope was all in bonds then bought it at 8000 on the dow jones index , whew, everyone i know is hurting..lucky
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simplytheguest
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Post at 15-11-2008 11:30  Profile P.M. 
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buy the rumor, sell the fact !
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asia-play
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Post at 16-11-2008 20:53  Profile P.M. 
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Good or bad times...people still make the opportunity to make money.

Recently tade some money from the HK stock market but need to monitor intensively to take advantage of these opportunities.
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Hrny_Boy
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Post at 18-11-2008 12:59  Profile P.M. 
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this thread makes me think we're close to the bottom, think one more panic sell off hopefully dow jones below 8k will be it and create the best buying opportunity in decades
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thickskin
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Post at 15-2-2009 15:58  Profile P.M. 
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I have several stock portfolios with different brokerage firms. All have been down more than 50% in one year. The worst one I have was almost completely wiped out. Now it has recovered a little, but it was so painful watching my assets evaporating in front of my eyes. All I can do is to sit there and wish it will turn around soon for only God knows how long. It could easily be years if not a decade for stocks to recover.

Now I need $$$ for my travels, but I am stuck and can't sell because there is not much for me to sell now. I am kicking myself for getting suckered into this fucking gamble. I got burned big this time. Oh well, you live and learn. For me, it is a matter of living without WGs for a while.
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horny4u
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Post at 15-2-2009 18:28  Profile P.M. 
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Hasn't really affected me. The only thing that's slightly pissed me off is that the pound is weak now so worth less when I go over in March.

I think it was about £1 to $15 HKD before now lucky if its £1 to $10HKD.............
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thickskin
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Post at 15-2-2009 22:32  Profile P.M. 
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QUOTE:
Originally posted by horny4u at 15-2-2009 18:28
Hasn't really affected me. The only thing that's slightly pissed me off is that the pound is weak now so worth less when I go over in March.

I think it was about £1 to $15 HKD before now lucky if it ...

GBP is pretty wimpy right now which should be a concern for your coming to HK. But looking at the Forex exchanges, Japanese Yen is now at historic highs for months. Will that translate into a new influx of Japanese mongers to Macau and HK? If I were a Japanese, I would definitely try to make good use of this golden opportunity...
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di3selz
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Post at 26-2-2011 13:25  Profile P.M. 
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Too bad there isnt the option of making money.........I bought some stocks during the time when it went down..........made a little bit of money
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lugers1
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Post at 2-10-2020 00:31  Profile P.M. 
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it was fucking painful, i had money with Lehman brothers. I cry to this day

Recent Ratings
porkchops   2-10-2020 00:58  Acceptance  +1   You realize the last post in this thread was 9 years ago?
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Cspoker50
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Post at 3-10-2020 05:12  Profile P.M. 
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March was the right time to get into the market. Trying to buy some but I feel the prices for most of the stocks are pretty inflated there is going to be a downward slide pretty soon. It is really hard to know which is the right time to get in
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Cspoker50
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Post at 7-10-2020 07:58  Profile P.M. 
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Now that Tesla hit the roof, I am listening a lot about Nio lately and how it can compete with Tesla at some point. Wonder if someone has any thoughts if it might be a good investment.

It was listed for $1 early this year ( missed it ). It is already at $20 currently.
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