BURNT BY STOCKS : STUDENT LOST $700,000 IN 3 MONTHS

[mrEngineer]

All we need is another "Armageddon" reset to complete the puzzle......(1997, tulip, SARs, Sept 11, Dotcom, Subprime)

I think this time the next Armaggedon should be quite similar to a mixture of Dot Com bubble and 1997 Asian Currency Crisis.

The similarity with dot com is that bubble grew and burst after Sept 11 crash. In Asia, it will be property prices.

The trigger or the catalyst would be similar to 1997 AFC where all the hot money flow back to US as its equities are getting more attractive. US will still lead the next tech revolution. There are so much technology that will surface out in this decade which will drive the world crazy.

I never believed that China will overtake US this decade because China still unable to compete with US innovation. In other words, China is rising due to resources while US will rise due to human creativity. You can decide which one is infinite. Buffet is smart after all.

As for the shake leg vs hand itchy, I concede defeat to hand itchy liao. haha. Now aiming some dividend plays with my profit + capital from ARA.. Short term with entry and exit plan established. So impact should be minimal. Wish me luck!