We R now and has arrived here...Ya. , what next ?, 

Over nite. DOW fall by 5.1% to 9,447.11%, STI  and regional bourses all blooded again.

teeth53      ( Date: 06-Oct-2008 22:53) Posted: The beginning of Sub-prime stories....Real Warning Since more than a year back. :)) See NO ending yet... 27-Jul-2007 10:29:  STI to cross 3000 boosted by long-term investors  STI drop by more then 100pt is now slowly climding back to -88.36ot, just following DOW w/o due regard to it small Singapore economic data coming out, however small S'pore economic is very much intact, it was due to the ppl's in US worrying too much over it Sub-Prime woe...that will somehow effect their housing prices...,then.. 19-Aug-2007 23:34 Stage 1 and 2 is history, now into stage 3 and everyone, everybody is try to stop at and prevent it from further erosion by rerecting and so on..... EG: like painting a optimistic picture that we has solid sound finances, mind U before we can said these. We all has to ride through and out of this stage 3 1st. Stage 4 (no way to reach stage 4) and Stage 5...Err....is there a stage 5 ??..Ans is yes. Posted: 20-Aug-2007 00:15 Can anyone has..or say we got what we has....financial muscle strength by pumping many billion into bank, lower interest rate and so on....to ride out over this dark cloud hanging all over this world is trying to bufff......and trying to ensure ppl's all over that this storm will blow over....come on, of course. We will not before riding into stage 3. We are facing at the word, confidence right in our own face and in our sub-conscious mind. scary 1st credit issue, then credit squeeze, next credit crunches, what next ?, credit melt down. Cash is king....Hmm

1st Q? i was thinking sooner. >~<

this market's no fun; the risk/reward doesn't make a lot worth playing.

When do u expect it to happen?

Europe side is getting weaker by the day. Likely more financial institutions will collapse.