[KnowItAll]

So, any predictions on where the stock markets will bottom out?

Another 15%?

[PDLM]

Impossible to generalise across the whole world. Some have already fallen much further than others. I'm still holding India. I wish I hadn't exited Malaysia. Hong Kong, excepting some big stocks like HSBC, is just an extension of the Macau casinos, so it could be up 10% or down 10% today - who knows?

[marcuslai]

Apple Daily's headline today is "global stock market calamity".

This can only mean one thing, stocks will rebound today. I've borrowed 70% of my apartment's value earlier this week and will dump it all in 0005, 0019, 2318, 2899 today.

(covers banking, aviation, china, and gold).

[KnowItAll]

marcus : pretty optimistic huh?

I still think the US will take some more hits over the next few months. I also do think this is the clam before the storm.

Tech has been hit pretty badly last week ... valuations are still high in many many sectors.

[jimbo]

Marcus

Brave man indeed, I dumped all my stocks last week and am holding tight.

Will review things in the next few days and see what happens.

[PDLM]

I can't believe that in the long run HSBC with a dividend yield of almost 6% and a P/E of 9.x is a bad buy. I'm holding what I have and as soon as some refinancing comes in a few days I'll be bargain hunting.

[KnowItAll]

FAR better buy than Alibaba....

[sideduck]

I think we should keep a wait and see attitude. The stock market I think will rebound tomorrow. All major markets are down today. US market was closed yesterday for Martin Luther holiday and the futures market was already predicting a down trend for the opening of all major markets. Give it a day to recover from this and tomorrow stock prices will open at the day low and be pushed up.

Has anybody heard any news of 0386 rating being affected or something? Any predictions of when it will start going up if it will? I don't have positive vibes on this going back up because of the Chinese government's intervention on oil prices.

[Crocodile]

The ASX200 is down 20% from its high in November 2007. I am looking more than a little wounded. Australia has closed down for 12 straight days. Not sure when it is going to stock, just have to sit tight and wait it out. I definitely would not be putting my house on when it going to get to the bottom.

Mr Market has gone a irrational in some areas, with some stocks down by over 50% for no real good reason. Strap yourself in as the ride might just get a little more bumpy.

In the HK market, HSBC does look like reasonable value right now. A least it makes money and is a solid company. Similarly with Swire. Anything that is slightly speculative, makes little or no profit, has large loans or complex ownership or loan structures, I would stay well clear of.

[Boris]

Originally Posted by marcuslai

Apple Daily's headline today is "global stock market calamity".

This can only mean one thing, stocks will rebound today. I've borrowed 70% of my apartment's value earlier this week and will dump it all in 0005, 0019, 2318, 2899 today.

(covers banking, aviation, china, and gold).

OOOOOPPPPPPSSS !!!!!!!!!!

Still you beat the market today - but NOT in a good way. Your picks down ( average ) 9.855%. Exchange down 8.65%

Guess you'll be looking for a smaller place now.