bingobongo

tick tick kiddies, per my previous posts,the olympics will be a bust in their own right, once the olympics are over say bye bye to Asian bourses, use all bounces as opportunities to sell, and since this it the LOS board.......SET is range bound, and BOT is raising rates.........

-Some Beijing hotels have cut rates 30% as demand for Olympics hasn't materialized

-Many two- to four-star hotels have cut their rates by 10 to 20% compared to May, June

-Beijing has reduced estimate of 500,000 foreign guests for August 8-24 Olympics

-China has tightened security and visa rules -- even for Olympics ticket holders

http://www.cnn.com/2008/TRAVEL/07/22/china...s.ap/index.html

this is getting too easy, per my last post 725-730 on the SET did not hold and next support on SET is 675, so why buy now when you get cheaper tomorrow (as of this post it is at 709)

if DOW does not get back over 11203 (and soon), next stop is 10750

did you like my call on Indymac, Countrywide and Washington Mutual (scroll back thru the thread, and you'll see) shorted them all to the bottom

lets see, i called 675 support on the SET and low and behold I was off by only 5 ticks to close at 669.97........nailed it again NAAM, pkrv et al

well, i made my coin, if the SET does not get back over 675 soon, you dont even want to know the next support on the SET

once a 3rd world always a 3rd world

come one BEENTHEREDONETHAT, don't cast dispersions at me just because i was right

i can tell by your all caps name and the actual name "BEENTHEREDONETHAT" that you either suffer from a need to be important or suffer from borderline personality disorder

anyway, why invest in LOS?

Investor sentiment in Thailand slumps

The Bank of Thailand is widely expected to raise interest rates at its monetary policy meeting on Wednesday in a bid to rein in inflation

http://www.reutersfxhub.com/fxhub/forex-ne...ailand%20slumps

this is getting too easy, per my last post 725-730 on the SET did not hold and next support on SET is 675, so why buy now when you get cheaper tomorrow (as of this post it is at 709)

if DOW does not get back over 11203 (and soon), next stop is 10750

did you like my call on Indymac, Countrywide and Washington Mutual (scroll back thru the thread, and you'll see) shorted them all to the bottom

Naam, what drains faster, a colonoscopy bag or your brokerage account?

HSBC Global Research said Tuesday it has downgraded Thailand's stock market to underweight from overweight and closed its position in Thai equities because the country's "serial political instability" is becoming too entrenched.

ok, well if the BOT does not raise rates this month, then inflation will continue to worsen thereby making LOS folks poorer on a daily basis

if the SET doest get back over 725-727 soon, then 675 is next, how are the protests and gvt dissolution coming along by the way?

yawn, what have we learned folks other than Naam hates me (not that I care)

global bourses are swooning, once the Beijing olympics are over and we move into autumn, it is over

here is a tip....support on the DOW is 11203, if that fails next stop is 10750 and the rest of the markets will follow

since this is LOS, support isn't until 725-730, so dont buy now, buy later

dang, i nailed that one......AGAIN, 725 - 730 on the SET (today as of this posting) just like i said, oh where art thou NAAM and PKRV and you other amateurs? LOL

anyway, if DOW does not hold 11203, then 10750 is next support, and if that does hold..........oh dear

regardless, the $ is going to start a long march upward, not because of US strength, but because the rest of the world (yes including LOS) is mismanaging inflation.........get ready

yawn, what have we learned folks other than Naam hates me (not that I care)

global bourses are swooning, once the Beijing olympics are over and we move into autumn, it is over

here is a tip....support on the DOW is 11203, if that fails next stop is 10750 and the rest of the markets will follow

since this is LOS, support isn't until 725-730, so dont buy now, buy later

a one day bounce does not the downtrend break, today was your chance to sell, 725-730 support on the SET still stands

anyway, grab your ankles folks.........its coming

i can already taste 725-730 on the SET (760 as of this post) can you taste it also Naam?

why buy now, interest rates are going up, on another note, how long before the tanks start to roll?

Most analysts expect the MPC to raise its policy interest rate by as much as a half-point to 3.75% this year. Local banks this month already began hiking fixed deposit and loan rates in anticipation of tighter credit conditions.

http://www.bangkokpost.com/News/14Jun2008_news02.php

Naam, how is the financial colonic coming along?

SET down again to 782, and next support is not until 725-730

it will be time for your financial lesson very shortly

poor som chai, how will he able to keep up the lastest trends when he is essentially broke?

Country Annual inflation

China 7.7%

India 8.2%

Indonesia 10.4%

Malaysia 3.0%

Philippines 9.6%

Singapore 7.5%

South Korea 4.9%

Taiwan 4.1%

Thailand 7.6%

Vietnam 25.0%

725 to 730 range on the SET is coming, prepare accordingly

one more time, interest rates go up, sales and prices go down......and what do these geniuses do? why keep builiding and adding to the oversupply of course

Firms mull ways to lure buyers amid likely rise in interest rates

This will dampen their interest in property investments in the second half of the year. Keeping this in mind, developers are busy devising ways to stir things up on the sales front.

http://www.nationmultimedia.com/2008/06/12...ss_30075323.php

Well Naam Bonkers can respond unfortunatly when he chooses to do so!

Naam I have this reoccuring nightmare the song just goes , "I'm truly, truly bonkers. Or am I getting the words mixed up", please help!

keep trying pkrv, the next support on the SET is not until 725 - 730 range, another 10% haircut is coming, but what do i care

say bye bye to the SET and the rest of the asian bourses, once the olympics are over it will accelerate, by the way, how are all the strikes and protests coming along in LOS?

so Naam, what is sinking faster, your portfolio balance or viagra supply?

one more time for the amateurs in denial, if the BOT does not raise interest rates inflation will continue to decimate the country (as others) and the baht will continue to sink, futher worsening the inflation situation, if they raise rates then the house of debt comes tumbling down and the overbuilt/overleveraged businesses will go under............are you ready

Avoid Asian Emerging Markets on Inflation, HSBC Says

Goldman, Sachs & Co. on June 2 cut its rating on Malaysia, Thailand, Indonesia and the Philippines, citing the outlook for earnings as economic growth slows and consumer prices soar.

http://www.bloomberg.com/apps/news?pid=206...&refer=asia

nice to see the amateurs have there say.....how is the portfolio there Naam?

who was it on this thread that said LOS would not be affected? genius, i tell you pure genius

i guess a fall from 880 to 790 (a 10% haircut) in one month is not bad if you want to lose your nest egg.........its not too late to learn Naam

i don't hate poor frustrated boys Bingo. i pity them

thanks Naam, but I am far from poor, by the way, how is the midlife crisis coming along?

anyway, prepare accordingly

US RATE FUTURES-75 bps Fed hike seen by year-end

http://www.reuters.com/article/marketsNews...033850620080610

you didnt think it was over silly rabbits did you?

we know that we are rabbits and we know that we are silly. there's no need for a poor @sshole like you to tell us!

come on Naam, do not hate me because I warned you for the past 6 months and was right, hate yourself because you did not listen and were wrong

do not hate the player (bingobongo) hate the game (gloabl markets going in the tank)

you didnt think it was over silly rabbits did you?

vietnam, china, and LOS.........who was the genius that said this would not spread to the land of fairies and pixie dust of LOS?

so what happens when they credit tighten in LOS?

Shanghai stock market drops 7.7%

Analysts said the primary catalyst was another round of credit-tightening measure by China's central bank.By Don Lee, Los Angeles Times

http://www.latimes.com/business/la-fi-asia...0,2533856.story

the amount of pain coming to asia will surprise many...........its coming........BOO!

Vietnam's Troubled Economy

http://www.time.com/time/world/article/0,8...0,00.html?imw=Y

highdiver et al, i understand that denial is an implement in your toolbox of delusion...........interest rates are on the rise, are you ready?

courtesy of thai crisis

<br />The chance of failure for condominium developers in Bangkok has grown to almost 50 per cent as competition heats up amid a glut of fresh supplies, warned Aquarius chief executive Yongyuth Chaipromprasert.<br /><br />After conducting a study during the past five months, the building consultant said even inner Sukhumvit, an area once deemed immune to downturns, "no longer guarantees success". "The average take-up rate for Bangkok condominiums is now 54 per cent," he said. "That is considerably lower than about 70 per cent for last year." "Of the 50,000 units that are expected to be launched this year, about 46 per cent won't be sold," he deduced from recent statistics. "One out of every two developments could fail."<br /><br />"The inventory left over from last year should also add to current stock, making the situation even tougher for sellers, especially newcomers," he said. With 15,000 unsold units from last year and 25,000 units from this year, the market will have an additional 40,000 units to clear in 2009. Because of the worrying trend, he expected new supplies to fall to 40,000 units next year. Yesterday TCC Land said it was halving the number of new projects from 5 to about 2.<br /><br />Yongyuth said most of the buyers are in the outer zones where land is cheaper. "If developers can sell units for between Bt1 million and Bt2 million, they should survive. It is the large units which will find difficulty selling with rising inflation and oil prices," he said. Supharat Development managing director Sumet Sukapanpotharam agrees. "Even with the government incentives to boost home sales by suspending the sales and purchase tax, the developers who will benefit are those who have completed projects and can transfer the units within the year." <br /><br />"We are building for urban workers with limited spending power. There's no point selling expensive units when purchasing power has fallen," said Ananda CEO Chanond Ruangkritya. Ananda's Ideo Mix near Sukhumvit 103 is commanding sales as the units sell from Bt1.5 million. Yongyuth said the worst hit would be developers who bought land recently at high prices and were forced to construct at escalated costs.<br /><br /><a href="http://www.nationmultimedia.com/topstory/read.php?newsid=30075134" target="_blank">LINK</a><br />

great article, i guess the land of lollipops no longer tastes sweet.....................

One argument I hear a lot is that foreign demand for local real estate has grown substantially in recent years, and that such foreign demand will be supportive of prices in the future.

Unfortunately, investors from other countries are well known to be the very last participants to arrive at the scene of a financial bubble. They are the last to hear about all the riches to be made, the last to buy in, and the last to realize that the party is over. This is known as "dumb money".

Good luck, did I mention that the BOT will soon raise interest rates? Oh yes, I think I did.

the amount of pain coming to asia (especially after the olympics no longer prop up china) will be worse than the pain some ThaiVisa members feel when they pee after visiting that "special bar girl"

those of you who think LOS wont be affected need to get out of the sun

Vietnam's Dong May Decline 10 Percent by Year-End

The dong, which is allowed to trade within 1 percent on either side of a daily fixing rate, will weaken 29 percent in the next 12 months according to trading of non- deliverable forwards.

http://www.bloomberg.com/apps/news?pid=20601087&sid=azkpXUm5di3s&refer=home