Communication


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Sunday, January 18, 2009

Broker:

"hey, it is time to buy stocks. With all the unprecedented stimulus, we will also encounter an unprecedented recovery in 2nd half of this year. Whats more, in the short term, you can play the Chinese New Year rally. Obama inauguaration on Tuesday and Singapore Budget on Thursday will boost the market. BUY!!! BUY!!!"

Beggar:

"You told me STI will hit 4000 by end 2008 last year, what happened now?? You speak of unprecedented recovery, why did Japan not recover after so many years when they did the same thing (bring interest to zero and increase budget)?? With the increasing unemployment leading to limitations of end consumers expenditure, how will the economy recover?? GET LOST!!!"

Millionair:

"I prefer to remain in cash. I spoke to my friends in different industries, things are really bad. Investors are totally blinded by the stimulus plans which the media so aggressively highlights. When they start to realised how bad the situation is, the market will plunge. These 2 quarters of results announcement will tell. I will buy when capitulation sets in. Now i will sell into strength. Please stop calling me to buy when you are still taking the MRT or bus to work. Good night."