“Stock prices took a major plunge and I think overshot on the downside.”
“We are not going to plunge to $500 or $400. The market is going to stay within a price range of $540 and $650.”
“We expect further gains over the next couple of months in the wake of the plunge in gasoline prices. If we're right, the data will signal first quarter consumption growth of the order of 4 percent.”
“The price has plunged over 50 percent in the fourth quarter [of last year from the previous year], but we still manage to earn money.”
“If we sell large quantities of U.S. treasuries, it would cause the price to plunge. We're not going to do that.”
“We think fourth-quarter GDP figure will be very weak. Car sales plunged following the very aggressive rate tightening and fuel subsidy cuts.”
Chua Hak Bin
“I think the dollar is still in a primary up-trend but the plunge it had certainly is an eye-opener and is an argument for the Fed to go ahead and tighten a little bit,”
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