Market continues to crash

[tazzycorner]

Aiyah pls lah. Nobody jumped during COVID, let alone this current kachang puteh drop

I wish to I could say the same

 

[homer123]

I am hodl cos I have over 90 stocks and funds (think it’s closer to 100), all generating dividends, most monthly, some quarterly and twice yearly and iirc one that pays yearly dividends cos I bought the wrong stock by mistake but never sold it off

So I think I can ride this crisis out but I gonna focus more on Singapore market for now. It was actually planned 2025 will be the year I focus on Singapore market and this is just coincidental (I actually thought Trump would be good for the stock market in USA)

One of my friends told me I am fortunate cos I am still working and now just aiming for dividends. Those who need the stock price to be high (those who borrow or bought on margin) or those who need to cash out now (maybe this is retirement year) are the ones really screwed.

Same as me.. I think I am paid >300 times per year

 

[Nemesis_lane123]

Aiyah pls lah. Nobody jumped during COVID, let alone this current kachang puteh drop

My parents told me during 97 quite a few suicides.

COVID period did see suicides increase by 12.5% between 2019-2020.

Actually what would be interesting is to see the number of attempted suicides like that lady the other day got rescued at Nex from the attempted suicide. The police are better in preventing suicide today due to quick response led by technology.

To be accurate we should study whether the attempted suicide rate is increasing. Then we can have a real picture on the ground.

 

[fade_white]

Long term will be ok. Previously my ETH, Russian war, crashes 80%. Now back to normal after 2 years but i sold rdy at a slight profit.

Just wait. Or buy more, if no need the money urgently, dun sell esp if it's jus index.

thank you. Trying real hard to keep the positivity

 

[Thoreldan]

powell tough job and decision to make now

It's like you have a garang RSM but your CO is a charsiew.

 

[Darth_Yang]

We need to give pappies a strong mandate to bring us out of this ! Pls vote wisely!

 

[Cashflow202]

down 15k today...

 

[tazzycorner]

thank you. Trying real hard to keep the positivity

the market will eventually work its way out of it
no urgent need for cash, no scare

ignore the fearmongering in edmw

 

[coolhead]

the market will eventually work its way out of it
no urgent need for cash, no scare

Agree. Now that there's market correction, it should be a good time for all to accumulate

 

[tazzycorner]

Agree. Now that there's market correction, it should be a good time for all to accumulate

this would be the best period to buy
exactly when, nobody knows

buy at own discretion
expect many ups and downs
don't get too fixated on the price movements
have the right mindset and mental state

PS. this is a note to myself

 

[coolhead]

this would be the best period to buy
exactly when, nobody knows

buy at own discretion
expect many ups and downs
have the right mindset and mental state

PS. this is a note to myself

Already down 15% from ath. Every 3-5% drop, buy Abit more lor.

 

[tazzycorner]

Already down 15% from ath. Every 3-5% drop, buy Abit more lor.

if slowly nibble, can consider buying on deep red days
or lower lows

 

[coolhead]

if slowly nibble, can consider buying on deep red days
or lower lows

Hard to say when is lower lows but yesterday and today are deep red days. I dunno how many more deep red days we have in the near future. If today is the last, so be it. It's not often we get such red days.

Greed and fear index is already at 4

 

[drkcynic]

Lol buy the dips ah? How much money you still have? 2024 chiong enough liao? I don't believe many have warchest or the balls to buy the dips.

Most are probably paralyzed in fear, if not yet, then will be soon.

It's ok, 10 years later will be able to say, "this is nothing, in 2025 I <add story>.

 

[tazzycorner]

Hard to say when is lower lows but yesterday and today are deep red days. I dunno how many more deep red days we have in the near future. If today is the last, so be it. It's not often we get such red days.
Greed and fear index is already at 4

as u can see from many bearish folks who have not entered, they expect more lower lows

maybe till vix hit 80?
will be hella a ride

 

[Visor9999]

Dow jones down 2k is this the largest drop in market history

 

[Visor9999]

Already down 15% from ath. Every 3-5% drop, buy Abit more lor.

At this rate how many margin traders need to declare bankrupt

 

[tazzycorner]

Lol buy the dips ah? How much money you still have? 2024 chiong enough liao? I don't believe many have warchest or the balls to buy the dips.
Most are probably paralyzed in fear, if not yet, then will be soon.
It's ok, 10 years later will be able to say, "this is nothing, in 2025 I <add story>.

edmw 20k deep pockets


no money, then just eat popcorn, hang around to spread fear

 

[Visor9999]

Engineered.
Thanks to Trump.

Make America Great Again.

It’s game over for the great America, 2k Dow jones drop highest in recent history

 

[sg-united]

Trump extends deadline for TikTok ban another 75 Days.

Wow..... master of negotiator, keeping everyone on the toes.