Nope

Was contemplating entering Citi last time but too scared so just sitting at sidelines enjoying the show.

Your wish might be granted, now heading to -200 territory, -177.

djia -175 (1.84%) tomorrow sure is bargain day....

but i left with not much money......

wahh... Gong Xi Fa Cai already.......
US sinks 3 figures (-151) & Eurozone back to day low... pray for a miracle in 2nd half. recover 1/2 also good...

need to email mythbuster, to confirm the myth where september & october are really jinxed for stocks....

Left with not much money is better than all money stucked in shares.

DJIA drop off the cliff

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Added on September 1, 2009, 11:42 pmAll your money stucked in shares?

This post has been edited by jasontoh: Sep 1 2009, 11:42 PM

A haa.. currently.

If for long term and not buying at extremely high price, just treat it as the price going back to square like me lo. If sell, later suddenly rally, then

Yes.. can keep long term but not really my style.

Currently holding 85% Axiata (tiny paper gain) and 10% Maybank-CL (tiny paper loss).

dont need to worry too much bro, your counters wont be too bad imo, both are GLC with good support to cushion any sell offs..

my rcecap and dialog may be in deep shit tomorrow...

Guess tomorrow won't be boring day to watch share market.

U.S. Stocks Drop as Slump in Financials Offsets Economy Data

http://www.bloomberg.com/apps/news?pid=206...id=aYtbrfq1w2j8

This post has been edited by espree: Sep 2 2009, 12:05 AM

all my fund is stuck in KLSE... time to hibernate..

next fund available will go to US Market

Anyone dare to buy AIG again?

Hahaha...

My uncle bought at $1.50 and already no eye see when it drop to $10 or so after reduced 20-1. Mana tau... one month later, sold at $53 and making RM7K from approx RM10K investment. Si beh good deal...

KLSE is a good learning ground.. if u can't make something overhere, for sure u can't survive outside there... really no mercy, get slaughtered in matter of few minutes/hours...

Someone has opened the trap door tonight @ NYSE.

This post has been edited by danmooncake: Sep 2 2009, 12:22 AM

Nothing more than an irrational fear of September which will pass
In the back of many investors' minds is the concern that September is usually a poor month for equities.

This post has been edited by David_Brent: Sep 2 2009, 12:31 AM

Why buy C and AIG when we can buy other better financial companies. From my observation from the month of March, the 2 only appreciates after the rest (BCS, GS, JPM, etc.) . C and AIG only rallies lately and surely many will be dumping soon.

This post has been edited by GregPG01: Sep 2 2009, 12:37 AM

I dun think so, ask expert or old timer. You are correct on one thing : KLSE is just a PLAYGROUND not a MONEY making platform. Everyone have their own risk appetite.
Tell me honestly, how many person that you know become rich via KLSE after 2001?

Take Axiata for example, from RM8 drop until today never recover 50%? Say what?

What shallow thinking is that? If you cannot make in KLSE u cannot make elsewhere? Say who? If KLSe so good, why I haven't' heard big fund manager playing here?
If you cannot make in KLSE, there;s always other markets out there.

Why a lot of traders here in LYN play STI ?

This post has been edited by zamans98: Sep 2 2009, 12:42 AM

No offence to AIG buyer, but AIG is in negative tangible equity currently if not mistaken, aka the share/company worth negative based on its asset worth.

So it is more a goreng/gambling stock right now.

I agree, I wouldn't touch AIG with a kilometer long stick.

But, C -> goreng or not.. this thing looks like got potential.
Same goes to BAC (much better, got some for keeps).