Prophecy of our Economy

By end of 2008, we will realized below descriptions are so familiar although we might think it is ridiculous. If we look backward on Oct - Nov 2007 that so called "Peak Time", we are actually in the direction of slipping from mountain toward sea.

Just curious how long or how soon we could reach the sea and move toward another hill to climb again.

Scenarios:
Dow Jones = <10,000
Hang Seng = < 20,000
KLCI (Malaysia) = < 1000
...
..
.
and many more , you just can easily name few...


The Global Sell-Off time is coming / already started months ago.

Let's wish we can fight thru such "Deep Impact"!

Oil Crisis?

I guess most of us starts to feel the pain when oil exceeds $130 range, and starts to tightening the belt, it is not seat-belt sorry.

I am sure there is a common question about: Would the oil price will go down? If yes, when? If no, how?

I am not agreed with Perfection thus the oil price might go down till $100-$110 range by Q3 '08, if not Q4 '08.

The ceiling level for 2008 is $165 per barrel conservatively.

Lets see if my wish comes true...