Originally posted by mickey_
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Sea Dweller Falling ??!!
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Thanks pal.
May I add to your words "invest in only your excess - and prepare to lose everything you've investing".
Only when you are prepared to lose what you've put in, you are ready for the game.
FY closing coming soon in Mar 09. Alarm bells will ring once the FY performance and drastic measures will be taken from then. Now still honey moon period since the effected is shielded from last FY's first 2 quarters. So, 2009 IMHO will be blood.
Back to the topic,
As of yesterday, I am the proud owner of a mint 14060M. (My very first rolex). I will be looking for a good conditioned sea dweller and exp 2 polar.
My expected timing would be after chinese new year between feb to may 09.
History will repeat itself again.
Regards.
Originally posted by feudallordcult View PostDear Mickey, your post is spot on!kudos for the in-dept summary. May i just add something that came from a fund manager: "invest in only your excess" 5 simple words but how many can actually achieve this?
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Axing staff is good for the company as it trims down the losses. May Expect recovery soon. As I say no one can predict. Warren buffet already buy in shares so it can't get any lower.
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Dear Mickey, your post is spot on!kudos for the in-dept summary. May i just add something that came from a fund manager: "invest in only your excess" 5 simple words but how many can actually achieve this?
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Originally posted by mickey_ View PostThe world economy is currently in chaos now not due to the real fact that there is no money, but money has been lost overnight into high risks investments products/loans which benefits those few receiving huge payouts at the expense of many. However, the worrying thing is that although there are some forms of co-ordination across nations to boost spending, most countries do not know how to actually react to this situation which they have not encountered before.
Singapore, however has been shielded to a certain extent due to its strict monetary and loan policy(except some). However, Singapore's recessionary effect still lags behind those of the west. Come 2009, especially after this current FY, many companies will be in the red and the true picture will been seen with many in negative growth. Mid 2009 would be the time where one (my guess) will see the picture coming for the next 2 years to come.
Those with cash (and still in a job) will be king to buying watches at that time.
Have a little patience my friends who have saved hard for that watch you always wanted and I'm sure you will be in a good position. The (watch) market needs to correct itself.
well said.
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The world economy is currently in chaos now not due to the real fact that there is no money, but money has been lost overnight into high risks investments products/loans which benefits those few receiving huge payouts at the expense of many. However, the worrying thing is that although there are some forms of co-ordination across nations to boost spending, most countries do not know how to actually react to this situation which they have not encountered before.
Singapore, however has been shielded to a certain extent due to its strict monetary and loan policy(except some). However, Singapore's recessionary effect still lags behind those of the west. Come 2009, especially after this current FY, many companies will be in the red and the true picture will been seen with many in negative growth. Mid 2009 would be the time where one (my guess) will see the picture coming for the next 2 years to come.
Those with cash (and still in a job) will be king to buying watches at that time.
Have a little patience my friends who have saved hard for that watch you always wanted and I'm sure you will be in a good position. The (watch) market needs to correct itself.
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Originally posted by lifeless99anyone interested in getting a m-series SD brought at apr 2008
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that's quite true, but many buyers are probably foreigners
Originally posted by ohlins View Postthe effect will kinda snowball....
but the last time i looked, still got long queue outside LV taka.... and cash registers still going strong haha.....
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someone at another forum posted a pic with warranty card showing v serial for his sea-dweller.
it's not a rumour.
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hi
Originally posted by cedric View PostRemember seeing someone posting a V series of SD before....
i not sure about these. Anyway is a gift from my dad and he told me M series is the lastest n last of it.
thinking selling since i dun wear. plastic wrap still intact
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Originally posted by lifeless99 View Postis M series the lastest series of SD ?
my dad brought one for me on April but wore once only. But he told me is lastest series of SD.
so checking is M series the lastest model n last of SD
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