Thursday, January 30, 2014

Who Are The Biggest Losers From The EM Crisis


Bernanke's "Success" Summed Up In One Chart


Dead-Cat-Bounce Dies As Nikkei Drops Over 400 Points From US Highs


Hoosier's note: It is my opinion that the Fed is manufacturing another 1997 Asian Financial (or Emerging Markets) Crisis.

"Fed Has Fingers & Thumbs On The Scales Of Finance," Grant Tells Santelli And It "Will End Badly"


...People want Treasuries when they want nothing else.

...Who knows the what value is when the Fed fixes the Determining Interest Rate ZERO.

Hoosier's note: When Interest Rates IS Zero, the value of an asset is INFINITY!!!

I have tried to explain this in the past, let me try to do it one more time.

100 / 1 = 100
100 / 0.1 = 1,000
100 / 0.01 = 10,000
100 / 0.001 = 100,000
100 / 0.0001 = 1,000,000
100 / 0.00001 = 10,000,000
100 / 0.000001 = 100,000,000
100 / 0.0000001 = 1,000,000,000
.
.
.
100 / 0 = 

Are We On The Verge Of A Massive Emerging Markets Currency Collapse?


Tuesday, January 28, 2014

Some More Fun With Market Timing


Shock And Awe From Turkey Which Hikes Overnight Rate By 4.25% To 12%, Blows Away Expectations


Wilmar #25

Wilmar Daily chart updated till January 28, 2014.

Today, January 28, 2014, Wilmar fell further to close at S$3.11 with a volume of about 9 million shares.

Clearly, the Consolidation Zone that I had identified earlier (at around S$3.20) could not prevent Wilmar from falling further.

The last line of defense is S$3.02, the "most recent low" done on August 22, 2013.

I strongly believe that 4Q2013 results will be great and that should create an excitement for Wilmar and push its share price higher.

I must admit that I cannot understand why Wilmar had fallen so much except to say that the 50-day moving average (in blue) has cut below the 100-day moving average (in grey) and that 200-day moving average (in red) is now at the top...a bearish technical picture.

I can't emphasize enough the importance of Good Money Management. I am now underwater but, as I did not borrow money to buy shares, I will just hold on to it and collect dividends.

Sunday, January 19, 2014

What Do "Insiders" Know That You Don't?


Bank of America Is Actively Preparing For The Chinese January 31 Trust Default



Hoosier's note: You don't have to go through all the details described in the article. Just note that the risk of a default by CEQ1 (China Credit Trust's Credit Equals Gold #1) is very real.

And, I believe January 31, 2014, is the Chinese New Year...a lot of people are going to have a very sad holiday.

I think this could be another 'Lehman Momoent'!

Saturday, January 18, 2014

Jos double confirms that govt doesn’t plan for S’poreans


Hoosier's note: In my opinion, she is a liability for the PAP Government.

4 reasons why 2014 could be a turbulent year for Singapore property


原始烧烤


Fired From Subway, This 20-Year-Old Started A Company And Makes A Living Off Facebook Traffic


Is the Obama marriage on the rocks? Astonishing claims emerge of ugly fights over that selfie, and even a Presidential affair


Dumb & Dumber (1994)


Josephine Teo attacks WP’s response to PTC fare review


Related story: Jos, I can tell you why my family and I are angry.

Hoosier's note: I really really really don't like her.

What a Stupid F@rk!

Citi: "Time For Yields To Correct Lower"


Friday, January 17, 2014

What Recovery? Sears And J.C. Penney Are DYING


Hoosier's note: I like to shop at Sears...it has a good Return Policy.

The Willis Tower used to be called the Sears Tower which was once the 3rd tallest building in the world. I visited the Sears Tower, and went up the the Observation Deck, when a few friends and I drove from Bloomington, Indiana, to Chicago, Illinois...to eat Youtiao, Wonton Noodles, and Pork Congee...not at the Sears Tower but at the China Town nearby, of course. :D


WP: Public transport should be for public good


S'pore's GIC, partners to buy US$1.3b Time Warner office space


The People vs. Larry Flynt


The Hottest Wall Street Movies Seem To Hit Theaters Right Around The Time Of A Big Stock Market Crash


Who Are The Top Holders Of US Treasurys


Chinese Stocks Tumble On Contagion Concerns From First Shadow-Banking Default


Beijing Citizens, Shrouded In Pollution, Flock To Giant Screens To View Artificial Sunrise