Here we go again.
Another Round of Panic.
Another 5% drop in US overnight. Then 8.2% drop in HK. Over 10% in Indonesia.
And the Biggest Single Day Drop in Japan since 87 Crash, fell by 9.4%.
Japan lost 24% in 2 weeks and US lost 13% in 5 days!!
Then the Central Banks were rushing to cut rate by 0.5%.
Even the currencies are just as Dramatic.
A$ lost over 30% in 3 months, from US98 cents in July to now around US66 cents, that is, from HK$7.5 to HK$5.1!!!
Same to NZ$, which I lost the opportunity of making HK$400K profit by missing the chance to sell at HK$6.4 & buy back at 5.4, because of too busy in helping school and sorting out my boys' fast track arrangements. Regrets? NO.
Because as long as one has the Cash, Opportunity comes Everyday, Everywhere, can capitalise the coming CRASH!
It is now increasing likely the CRASH is to happen BEFORE Christmas if not by the end of this October (Gosh, the last Big Two ones also happened in October, 1929 & 1987!!)
This time, it could be another one day drop of 10% +
Then, may rebound a bit but fall again or go straight to fall by another 10% +
Then, may rebound a bit or go straight for the Big One - fall by 50% +
I believe the Wall St is to fall by 75% + from what it is today.
I could be Terribly Wrong, but if I am subsequently proved to be Right, you ONLY have yourself to Blame for NOT listening to me today and find cover for yourself.
Cheers
Fate
Everything is to Start All Over Again
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