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13-06-2013, 12:54 PM
(This post was last modified: 13-06-2013, 12:57 PM by Big Toe.)
10-20% is a correction, not a crash.
Crash is 2008-2009. Large MNCs Blue chip down by 90%.
Are we in for a crash? very unlikely.
But emerging mkts quite highly valued(they gained the most during the recovery as well)
Nothing unusual going on, just Mr market doing his thing.
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In 2008-09 which sti blue chip dropped 90%?
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not sure "value stocks" frequently highlighted here are down sufficiently to have enough margin of safety to accumulate now, if using "sub-prime" crisis prices as rough gauge? means there is still vulnerability in prices? any ideas?
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yes, agree with bibi.
for blue chips to half its value already means catastrophic damage.
i dun see the possibility of the average blue chip dropping 90%. cos that would mean sti drop till 300points left? how is that possible?
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I still remember the index going down from 3800 to 1600, but i was still bery new to investing. I think this time unlikely to crash as much as the index came off from a lower 3450 level.
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i wonder how bernanke sleeps at night knowing so many people's lives depend on his every word.
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