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Remisier can close shop
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stupidfool
Senior |
26-Nov-2008 21:07
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So i can infer that the bottom is 2nd qtr of 2009? |
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knightbridge
Veteran |
26-Nov-2008 16:56
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Good sign. Meaning market is bottoming soon... When dealer and remisier start to quit, stock is usually attractive enought at this level as there are not much retail interest. ( I like to invest more during this kind of period, payout is very handsome) Maybe thinking of become a remisier or dealer soon. =D (really, most of the bad debt will be written off by then) Unless the market start another round of 70%-80% fall again.from prices now. ( possible but unlikely look at the stimulus package all over the world, like medicine will start showing the effect by next year, a few hundred billions here and there will create demand) Look forward to a good 2009 3rd Qtr or 4 Qtr. |
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scotty
Senior |
26-Nov-2008 16:13
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I got friends working as remisier... now they say no business. No one playing the market now. Very jia lat. Worse still, if client lose money and run, they need to pay. I am not surprised if many remisier start to change job. |
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