Posts by "baconham"

Hi Ashraf,

I attended your seminar on 28th March 09 in Singapore. I enjoyed every miniute of it. Hope you have enjoyed your stay in Singapore too. When you were here last year, you predicted that an imminent crash in S&P 500 is about to occur. It did came true and I am very impressed.

This time round, due to time constrains ( we are supposed to evacuate the room by 12.30pm sharp ), I wasn't able to ask you a question which has been on my mind for some time. I am taking this opportunity to ask you here:

Recently, countries across the world has reported that the decline in economic activities( home sales/retail sales/manufacturing/exports/unemployment/consumer confidence etc ) has slowed ie the data has stablised and starting to show some improvement. It makes me wonder if the worse is over. Even Citigroup came out to say that they are profitable in the first 2 months of the year and expressed optimism going forward. And with record low interest rates globally and huge stimulus packages, in your opinion what could derail the current global stock market rally and caused it to crash to new lows in October 09 ?

Hope to hear from you soon. Thanks.