Archive

Archive for October, 2013

Lobang Ah: Vacancy for Full-time FX Trader/s

October 21st, 2013

 

 

Full-time discretionary FX trader/s

A Singapore registered private equity firm with an existing team of experienced traders is looking to employ several more suitable candidates to perform discretionary proprietary trading of the company’s funds in spot FX. This is a full-time employment and traders are required to work in our dealing room office for 8-9 hours a day, preferably from 3pm-11pm. The main KPI for traders is to generate absolute profits that commensurate with the amount of risk capital given to the trader.

Suitable candidates should possess sound and robust methodologies in analysis and risk control in managing FX trading positions. He or she should already have a few years of experience in FX trading of personal accounts. Those with prior bank trading experience have an advantage. University graduates are preferred. Employed traders will receive a monthly salary, CPF contribution, annual leave as well as a very attractive profit sharing reward scheme for good performers.

Interested candidates please email your full CV with subject “FX Trader job” to the Chief Dealer at ewave88@yahoo.com . Only shortlisted candidates will be contacted within a week of receiving your CV.

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Skills can never be one’s burdens.
艺不压身

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Daily Journal

What Happens after U.S. Shutdown

October 18th, 2013

 

On 1 October, the U.S. announced shutdown in its federal government and laid off about 800,000 civil workers for garden leave. However, this is almost next to nothing while compared to country’s population of 315 million. Many people are confident that President Obama will reach an agreement in the U.S. Congress with Republican Party and resume the operation very soon. However, the political impasse has lasted more than 5 days and longer than what most have thought!

Rated as World’s first economy, America is facing defunct in growth while federal debt keeps enlarging. The partial closure of federal government is just a hoax to create short-term plunge in regional markets. However, what is the real objective behind the President’s administration for making such a “strategic move”?

In my personal opinion, President Obama will finish his office-term in early 2015. Putting anyone in his shoes, a country leader would want to leave his name hanging in the Hall of Fame rather than to be smeared. To attain this, the Dow Jones Average Index (DJIA) must remain in the upside 30 percent range from whatever top price it has achieved so far. Hence, it will be a difficult task to taper the financial stimulus for another 6 – 9 months from now.

In broadest aspect, the U.S. government’s current account is not growing in surplus from national revenues. Consumer debts and spending are shrinking the GDP growth. Exports are struggling to poise for recovery while housing demands are still in meager purchase. Therefore, a drawdown in stock markets and slight waning of investors’ confidence from government shutdown are just planned recoils to boost the markets aftermath!

The U.S. government would not remain partial handicapped for more than 3 weeks or longer than in 1996. At today’s economy, the daily losses from government shutdown account about USD1 billion income. Perhaps, Obama administration refuses to negotiate with Republican Party in the Congress with a reason to illustrate the “checked losses” to his political opponents. Thus, he should have valid “firepower” to propose a continual budget spending for at least another 6 months in order to let everyone sleep well on high pillow!

Taking a look into the global economies, Eurozone has been dormant for many months while sweeping the massive sovereign debts under red carpet. Though the fear of ballooning bankruptcies has subsided among Euro nations, no good news have been heard on resolving the red figures!

Greece is going for the third bailout by International Monetary Fund and European Union in early 2014. Fiscal budget plan has to be shown in October – November to lenders for obtaining a loan grant for another 6 months. On the other hand, Syria crisis has been submerged for the time being as United Nation Council has called off the military actions. No one knows what will follow despite the viral threats of Arab Springs are still stoking the fire in the Middle East. At current global slowdown, there is nothing to be glad if the average low inflation cannot support high rising crude prices should the pipelines be cut off in Gulf regions.

To summarize my analysis, DJIA stocks and Asia equities will begin to recover right after U.S. Congress re-opens federal government. The DJIA might reach new marginal record high in Q1 2014 above 15,700 levels but the hot monies will be struggling to exit in Asia equities on fictitiously firm sentiments. Moving into second semester, keep a close watch on Eurozone debt resurgence while China is expected to call for slowdown in order to ebb RenMinbi for controlling inflation.

Hence, the current shutdown will lead to a short-term booster but create deep doldrums in red deficits. Moving into the near future, beware the day when the U.S. officials finally admit they could not pay for the huge deficits. The disaster will make men-in-the-streets pay for this huge negative debt following the dissipation of billions from stock markets melting down!

~ This article is general information only. It does not solicit or give any opinion for investment and trading.

 
 
– complimentary from ASPRI Financials

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玉不琢不成器,人不教难成才

A jade stone is useless before it is processed;

a man is good-for-nothing until he is educated.

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Daily Journal, Smart Money

Financial Turmoil in Europe and the United States by George Soros

October 17th, 2013

 

Recently got a good lobang from Book Sale at the Expo.

 

I bought this book at S$5.00 ONLY!  Original price is S$19.90.

 

 

The sale is over.  But, I believe you can get it very cheap at Amazon.  Amazon sells book at ridiculously low price at times!

 

Heard about George Soros from newspaper, magazine, online but really wants to know more about him!  What’s his thoughts!

I believe a financial turmoil is blowing EAST in the coming years.  Maybe, after reading his book, can help us to 遮风避雨!

Now, the problem is, how to find time to read, haha.

 

 

巧妇难为无米之炊
 Even the cleverest housewife cannot cook rice without rice.


Daily Journal, Lobang Queen

Singapore Transport Master Plan 2013

October 17th, 2013

 

Singapore Transport Master Plan 2013

 

Mai Tiam Tiam complain!  View the video to see for yourself what is in store for you and your children!

 

Great projects need time and resources to realise.  These plans are drawn up years ago not because you complain then they start working on it.

 

And who is going to carry out the construction?  You and me ah?  Of course is the foreign workers loh.  So, please appreciate them for building it for us.

 

Be patient and give the authorities peace of mind to concentrate on what they are doing BEST for the future of Singaporeans!

 

Daily Journal, Little Red Dot

Gadelius-eans 1

October 16th, 2013

Family Members (Singapore and Indonesia)

 

After over 30+ years of MIA, we finally met 50+ of of 92 Gadelius Family Members found, on 5th October 2013.

 

Many thanks to Jerry Tan, Helen Teng and Christina How for the great effort and time to scout for the members and the extra overtime put in to make the gathering very successful.  Helen and Chris How still  Gadelius good and strong Swedish Workoholic Queens, Bravo!

 

We can recognise most of us, be it our good ‘buddies’ or ‘foes”,  你自己心里有数 , haha!  Very exciting to see everyone looking GREAT!  At this point in time, we do not measure GREAT by how rich or successful you are, rather, how great we have lived our lives and how zen we are thus far!

 

The timing of finding us is PERFECT, that’s why the fantastic turn-up.  We are past the time of  busily building our careers and taking care of our young families.  Now what we have is PLENTY OF TIME and Money is no more an issue, I hope and believe.

 

By the way, thanks to this gathering.  I have revived my website!

 

Showcase of our gathering! Those who miss it, really miss it, heart pain! lol

 

  Early Birdies!  Joan, Alice and Helen

 

   Lagi One More Early Birdie! Chris How

 

 Jerry Tan with 3 home-coming ‘daughters! 老豆 迎接女儿 回娘家!

 

 
  人到礼也到!

 

  Wah, ‘Guinea Pig’ leh! 有吉事? 可能要娶儿媳.

 

 
 
 Who is hungry to marrying off lst ah! 在讨论谁应该嫁出先.

 

 
  Jerry’s wife, very happy with the 4 ‘daughters!  看见女儿多愉快!

 

  Of course is Joan loh!  Look at her smiley face! 原来是她很想嫁出去!

 

 
This suckling pig is delicious!

 

 
   Lovely ‘family’ photo 满爱感觉.

 

 
  Someone must be telling a great joke. 不知道我们在笑什么?

 

 

 Christina Ng dowry-inventory checking.
Alice & Lynn happy with the outcome.  媒婆在点货.

 

  Michael reminiscing the old days!  有没有告不得的事情?

 

 
  Ladies from different divisions in meeting.  Catherine, Helen, Suzanna.  Relax lah, like me and Joan.

 

 
 
  Jimmy Ng!

 

 
  They still look young and promising!  年轻有为, 还有 battery!

 

 
 
 K C Wong young at heart!  有气!

 

 
 
 Joan munching keropok?  她在偷吃!

 

  Suzanna Ho kaypoh lo! 她在望什么?

 

 
 Enjoying Bean Curd and Beer! 豆腐好吃,啤酒好喝!

 

 
 Suckling Pig! 乳猪,我喜欢吃!

 

 
  Lynn is Jerry’s Ga Soh = 家嫂.  William Chan is sitting on the right.

 

  Are we in the same boat? 女人心,海底针!

 

Daily Journal, Gadelius-eans

Haha, I took photo with our PM, Mr Lee Hsien Loong!

October 13th, 2013

 

Last night, I attended the Siglap Garden Party at Bedok Ria Playground,  near my place.

 

Our PM was mobbed by us. He had already mastered the highest level of tolerance, very zen. 忍功超级强。The session, he had no room to walk leisurely. He had to inch himself.

 

Poor Prime Minister! That showed how much we wanted to be with you and loved you too.

 

I had no opportunity to take photo with my most admired idol, your papa, Mr Lee Kuan Yew.   I definitely must take one with you. When the organiser announced that no more photo session as PM had over-run the time for the next event, I outspokenly said that if I don’t take photo with Mr Lee today, I will not have another chance to take with him. So, I had my way, wahaha. I was on cloud nine.

 

Shenton was there helping. Surprise!

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Behind me, is the worm bin.  You put your raw vegetable waste into the  lst and 2nd layer. In the 3rd tray, you put the red worm. The worm will consume the waste and pee.  You open the tap to collect the pee to fertilise your plants.  Organic izzit nit? 

We learn to re-cycle!  Understand, the bin costs around $200+. 

I think we can make one.  Only thing is where to get the red worm?

 

Shenton!  What a surprise!

 

Daily Journal, Great Leaders

Gadelius-eans 2

October 13th, 2013

 

 Family Members (Singapore and Indonesia)

 Jerry Tan so fortunate to have so many families! Jerry 真本事,老婆唯一仅有别类的家庭!

 

 
Mr Sia on the left.  So Lovey Dovey! 真受不了!

 

 We are sisters!  姐妹情深!

 

 Christine and Loe Kok Weng

 

 
 Men’s Talk 男人聚 在一起,有什么好谈,您说?

 

 
 Loe Kok Weng act cute! 不要装可爱了!

Daily Journal, Gadelius-eans

Gadelius-eans 3

October 13th, 2013

 

 
 
Four Beauties!  世界没有丑女;只有懒惰女人!

 

 Another Family Photo! 还没轮到我leh!

 

Same height, same smile 好开心

 

 
 Long time no see!  好久不见了!

 

 
 Juliana!  今天我才认识您!

 

 
 Handshake after a fight?  天下和平!

 

 
 
Scouting around!  来来 去去,世界还非常混!

 

 
Still wanna fight? 我不知道他们是谁?

 

 
I think everything ok liao by now!  Catherine, 无间道, 把他搞定!

 

 
 Unbelievable!  Angela Heng 好象不相信oh!

Daily Journal, Gadelius-eans

Gadelius-eans 4

October 13th, 2013

 

 
 Kristanto on the left?  Mickey Seah on the left of Helen. 还是一样, ‘Dirty Doctor”

 

 
 
Plenty of Food!  别节食了,今天吃饱饱才来打算!

 

 
 Mr Ng!好象 MP"派淘",Helen 受不了!

 

 
 Group photo! 在等吃!

 

 
 So hungry! 还没轮到我们啊?

 

 
 Wah, Open Ceremony ah!  这一招要好好跟他她们学习!

 

 
 Jerry ganna reprimanded . 这么啦,我哪儿做的不对啊?

 

 
Haha, care less!  我们寻开心吧!

 

 
 Group photo! 雨过天晴!Heng ah.

 

 Chris How, you so biased leh.  How come I hardly appeared.  我们也寻开心吧!

 

 Our turn liao!Wah, 我们也ganna!Wah cow.

 

 
 Joan can’t take it anymore! 别讲这么多废话!

Daily Journal, Gadelius-eans

Gadelius-eans 5

October 13th, 2013

 

 ‘MP” Ng also has to pay his share, otherwise, corruption case!  这样才对吗!

 

 
 Happy to see you here!  好久没见了!

 

 
 
 Magnifying the food!  看清楚!等一下,chiong ah!

 

 
 
 We know one another!  我认识你,我也认识他!

 

 
 My back view!  好看吗?

 

 
 Any story behind this scene!  这俩位,有什么什么吗?

Daily Journal, Gadelius-eans