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Thread: Congress finally passed the amended US$700B bailout package

  1. #21

    Default Re: Congress finally passed the amended US$700B bailout package

    Bill passed, but market still down. =/
    People have already lost confidence.

    Let's wait for 4Nov.

  2. #22

    Default Re: Congress finally passed the amended US$700B bailout package

    Maybe Japan's next.

  3. #23

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by espion View Post
    Maybe Japan's next.
    Japan??? Why Japan.

  4. #24

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by Silence Sky View Post
    Already printed, if not where to get the $700 bil when they owe people so much money.
    I think that is the root of all this....making money out of thin air.

  5. #25

    Default Re: Congress finally passed the amended US$700B bailout package

    The Economy is going to Slump..
    What are the best actitives during a recession? Any Ideas?
    Wise man says "Patient is Virtue".
    Maybe wait for the durian to drop, or see when is the best time to go cherry picking.

    I am waiting to see how the property market will response to this recession.

  6. #26
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    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by Silence Sky View Post
    I am waiting to see how the property market will response to this recession.
    wah, imagine the new HDB 4-room going at $80,000. no matter how ulu its cheap!

  7. #27

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by sORe-EyEz View Post
    wah, imagine the new HDB 4-room going at $80,000. no matter how ulu its cheap!
    Will it get to this cheap price?

  8. #28

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by scanner View Post
    Will it get to this cheap price?
    If new one = low. Old one/current = even lower.

    I daresay there'll be more poor people, at least asset-wise, even for those at 5 rooms and HUDC if it ever come to this state of price
    Canon EOS 30D , EF 17-40mm F4L USM , EF-S 55-250mm F/4-5.6 IS

  9. #29
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    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by sORe-EyEz View Post
    wah, imagine the new HDB 4-room going at $80,000. no matter how ulu its cheap!
    Will this happen? I'm waiting... haha
    But the demand of new HDB flats seems quite high.
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  10. #30

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by sORe-EyEz View Post
    wah, imagine the new HDB 4-room going at $80,000. no matter how ulu its cheap!
    Are you joking?

  11. #31

    Default Re: Congress finally passed the amended US$700B bailout package

    The approval may help. But indexes are falling. Singapore is having 2200 pts now and may hit 1800 points!

    x finger...x legs too!

  12. #32

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by Yappy View Post
    The approval may help. But indexes are falling. Singapore is having 2200 pts now and may hit 1800 points!

    x finger...x legs too!
    If it hit 1800, its might be time to park some $$.....

  13. #33

    Default Re: Congress finally passed the amended US$700B bailout package

    From Reuters...

    LOS ANGELES (Reuters) - A 45-year-old Los Angeles man who was apparently distraught over money troubles shot and killed his wife, three sons and mother-in-law before taking his own life, police said on Monday.

    The father of three, who was not immediately identified by authorities, was believed to have shot five members of his family and then himself sometime after 6 p.m. on Saturday, a Los Angeles police spokesman said.

    It's "a very tragic scene, total devastation inside this home," Deputy Chief Michael Moore told reporters at a news conference. "Inside the home, officers discovered six bodies, all belonging to the family that lived at this location."

    I hope this don't happen here.
    But what soever.... we have to get ready to pick up the pieces soon.

    Some idoit advicer even tell people to hold on to their stock, it will eventually bound back... who don't noe ... 5 yrs later loh

  14. #34

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by Yappy View Post
    The approval may help. But indexes are falling. Singapore is having 2200 pts now and may hit 1800 points!

    x finger...x legs too!
    Do you think STI will go below 2K?

    Not impossible... but quite hard leh.
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  15. #35

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by scanner View Post
    If it hit 1800, its might be time to park some $$.....
    No need 1800... below 2K can liao.
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  16. #36
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    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by CYRN View Post
    No need 1800... below 2K can liao.
    2K good, but 1.8K better ................... provided you have stand by cash to park
    I get paid more shooting part time ...... damn, I should find more time to shoot part time

  17. #37
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    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by blueblack View Post
    From Reuters...

    LOS ANGELES (Reuters) - A 45-year-old Los Angeles man who was apparently distraught over money troubles shot and killed his wife, three sons and mother-in-law before taking his own life, police said on Monday.

    The father of three, who was not immediately identified by authorities, was believed to have shot five members of his family and then himself sometime after 6 p.m. on Saturday, a Los Angeles police spokesman said.

    It's "a very tragic scene, total devastation inside this home," Deputy Chief Michael Moore told reporters at a news conference. "Inside the home, officers discovered six bodies, all belonging to the family that lived at this location."

    I hope this don't happen here.
    But what soever.... we have to get ready to pick up the pieces soon.

    Some idoit advicer even tell people to hold on to their stock, it will eventually bound back... who don't noe ... 5 yrs later loh
    I remember years back when my friend spoke to me about investing, a very good advise he gave me, "know your limits, invest only the money you can affort to park aside for a period of time or worst, lose and not your life savings"
    Spoke to him yesterday, he now got clients asking when would be a good time to buy and what to buy
    I get paid more shooting part time ...... damn, I should find more time to shoot part time

  18. #38

    Default Re: Congress finally passed the amended US$700B bailout package

    Anticipated Grim Look for DJIA. Fell below 10k when it opened last night...

    But what i dont like is the USD-SGD rate rising back to last year's rate, or 1.47...was hoping to see it hit 1.15 or 0.95 We be rich then!
    Canon EOS 30D , EF 17-40mm F4L USM , EF-S 55-250mm F/4-5.6 IS

  19. #39
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    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by eosdigital View Post
    Anticipated Grim Look for DJIA. Fell below 10k when it opened last night...

    But what i dont like is the USD-SGD rate rising back to last year's rate, or 1.47...was hoping to see it hit 1.15 or 0.95 We be rich then!
    if US dollar go down to 0.95 ........ I think the whole trading world will fall like a house of cards But would be a good time to buy US dollars
    I get paid more shooting part time ...... damn, I should find more time to shoot part time

  20. #40

    Default Re: Congress finally passed the amended US$700B bailout package

    Quote Originally Posted by yqt View Post
    if US dollar go down to 0.95 ........ I think the whole trading world will fall like a house of cards But would be a good time to buy US dollars
    With the 700B package (and I'm sure more are needed to jump-start the economy)... you know what's uncle sam's debt?
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