There were strong rebounds in the global share markets.
Does it mean things could only get Better from now on?
Yes - You Better Sell your shares now - while there is still a demand AND a price for it!
Have I NOT mentioned one should focus the MRF (Most Relevant Factor)?
The Unemployment Rate!
US's has risen to 8.1% and Rising - tipped to break the 1945-1946's record of about 10.8% (Some small towns in US already exceeding this!!)
Australia to 5.2% and Rising - tipped to be 7% by the end of 2009 and 9% by the end of 2010!!
Spain's at 14.8% NOW!!
20 years ago, there were about 60 US firms had AAA - the Highest Credit Rating.
And how many firms do you think have AAA now?
Just 5!!!
GE, the once World's Greatest Firm, in terms of Capitalisation, in terms of Leadership Skill etc, just lost its AAA Rating!
And even the Legendary Investor, the once World's Richest Man (Yes, because Bill Gates just reclaimed the Clown!) - its Flagship, Berthshire Hathaway has also just lost its AAA Rating!
Meaning there are More and More firms are Vulnerable.
Not Just In US.
But also in UK, HK......in every country.
And the Paper all these firms have been issuing called Shares could soon become what it once was,
Paper.
Worthless Paper.
A Wise Investor has once stated,
"Why do I have to buy a share today at $10, when I can buy it at $8 the following week, and may be only $6 the following month?"
Another even Wiser Investor suggesting,
"It's NOT about me Buying. It's about Firms Surviving - how can I be sure the firm I intend to buy share of will Still Be In Existence in 6 or 12 month time?"
Let's forget about firms for the time being.
It's NO Longer about Failure of Firms, it's now about Failures of Countries.
And we're heading for a even Bigger Crisis.
And the Next Battlefield will be in the................
Exchange Rate!!
You Better be Prepared.
Share more on this next time - have to go to the Sunday Market!
After all, Investment is for Pleasure NOT for Pressure.
Fate
Stay Two Steps Ahead or you'll be......Dead
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