Archive for October, 2008

Forget about rate cut, AIG may Crash the Stock Markets again

Boy! I’m glad that I took the little profit I made scalping Apple before the Feds announcement. As expected the Federal Reserves lowered its interest rate by 50-basis points to 1 percent now, the same rate last seen five years ago in 2003 and 2004 after the Internet bubble burst. However unlike the bubble five […]

... written on Oct 30 2008

Experience the Real Panic in Persian Gulf Slowdown

Prince of Persia was one of my favorites and I was so addicted to the DOS-game that I used to sleep four to five hours daily in order to complete the adventure. It was many years ago and the game which was developed by a teenager was superb. The fact that the game did not […]

... written on Oct 29 2008

The Junk US Dollar Skyrockets but whose fault is it?

Another slaughter day (Monday) in the global stock markets *yawn* and the yoyo is expected on Tuesday as well. I wonder if all the governments worldwide instructed their print and electronic media to announce fictitious news such as Dow Jones jumped 1,000 points or 1 million tons of gold suddenly found hidden in some caves […]

... written on Oct 28 2008

The New Great Depression is a Different Animal, Stupid

Just because some so-called smart analysts who may not know how it felt during the 1998-1998 Asia Economic Recession screamed that “our shares are oversold”, “they no longer reflect their values” and “plenty of cheap quality undervalued stocks”, you should refrain yourself from being influenced by them as the fruits are not ripe yet for […]

... written on Oct 26 2008

In time of Cheap Lobster, Peoples Money are Robbed

From the initial result of the “Poll” conducted by FinanceTwitter it appears majority of the readers are ready with tons of money to pounce on cheap stocks. I’m both surprise and happy that the readers are so financial-savvy – Bravo! This is once in a 10-year chance and might be once in your lifetime opportunity […]

... written on Oct 23 2008

The RM5 billion, shouldn’t the Government seek approval?

Warren Buffett has blew the trumpet to buy stocks now and don’t keep cash. So if you’re a die-hard fan of this Oracle of Omaha, then you should just follow him. After all nobody knows when the bottom is to fish for stocks so you might as well take his advice. Furthermore how could the […]

... written on Oct 21 2008

The Return of Sex Actor and Mahathirism

Who would have thought that the former health minister, Chua Soi Lek, would make a comeback after his sex scandal exposed early this year? He was written off from the political scene simply because none of the politicians who involved in sex scandal could come back in a big way. But now it appears this […]

... written on Oct 20 2008

Cycle and the desire for Power, Money, Sex and Glamour

Did you realize that the climate has change dramatically this year? It might have transformed earlier but the slow and sleepy me only realized it days ago. Besides the consistent rainy evening (or afternoon on certain days) that pours “money” almost daily onto us, it appears the sunset and sunrise have shifted about an hour […]

... written on Oct 16 2008

Hooray! Another Fuel Reduction but it’s a Little Too Late

Sometimes it’s fun to see how the half-past-six government struggling to find ways to twist the facts again after they shot their own foot. Everyone knows that Malaysia is perhaps the only oil-producing country that charges the highest fuel price on her citizen. Sure, the country’s oil reserve will dry soon and in another 10-year […]

... written on Oct 16 2008

Easy money everywhere, we are safe – for now

It was nice to hear the Malaysia’s Central Bank (Bank Negara) is ready to provide liquidity to financial institutions should they need the money although the Central Bank did not commit on the dollars and cents that it could cough up to “rescue” them. I’m sure the central bank should have tens of billions ready […]

... written on Oct 14 2008

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