MONDAY - KLSE down 50pts

By the way, since my place is near Tun Razak Road, I can monitor traffic in and out of KL.

My report :

Still too many cars, as usual. Nothing really change when petrol up by 40%.

I still hear the car horn screaming morning starting at about 7am.

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Added on June 7, 2008, 2:37 pm
A typical minister answer would be "aiyo cannot la like tat boss. How would my proton holding will makes money? I malu la kalau Proton close shop. I also cannot makes money.."

Hi,

How would you guys think for next monday? Should we throw like the rest? Kinda worried already.

Mature Advised is needed.

Thank You.

SOrry but i still dun get wat is has to do with CC. My understanding is tat....if u cant pay ur CC bills, u shd not have CC in the first place.
Usually, the advice fr EXPERTS to those having CC debt is......FIRST thing....CUT ALL UR CC NOW!!!!

i do understand the hardship ppl r facing but just dun get wat it has to do with cc...wat i feel is tat...CC spending shd b less now as ppl has less spending power...but if u cant payback or afford to buy 'something' then using CC to buy is a big NO NO!

Mind u.....those who can clear their CC bills r called DISCIPLINE PPL...not RICH PPL.....RICH PPL might have bigger CC debt than u can ever think of!!!!

another thing is....i just started working for few yrs...i'm nt a rich guy.....cukup makan.....but i'm very thrifty.....dun overspend...n really...bank, esp those issued CC to me hate me coz i always pay on time.....

Regarding fresh grad...i do agree on this matter.....the first thing on my mind when petrol increased was that...when i started working, petrol increase 30 cents i also suffer a lot.....and now.....i cant imagine how those fresh grad can earn a good life on their own (w/o parents help)......

imagine....salary same...petrol increase....food increase...everything increase...house price increase.....
really cant imagine how they can have their own family, car, house, etc

anyway.....let's put his case to rest ya......maaf jika tersilap kata....just giving opinion.....

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Added on June 7, 2008, 7:11 pm
you shd have a 'cut loss' price...once breach the price...then u can consider selling....just be patience and dun 'over-react'......see how market performs for few hours before making you moves......

Can go bottom fishing today.. quick in quick out if can monitor the mart all day. But then another crash in Dow Jones tonite will wipe out everything again.Dow futures quite stable now.. Bottom fishers and Hit and Runners day....

Just for pre-arranged holiday trip. Nothing special. Don't know KL has changed so much since my last arrived there. 4-5 years never go there already. I did stay at KL for 3 years before.

I mis-calculated the fuel and toll cost. It should be Rm150 on fuel alone not yet plus the toll fee. 

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Added on June 9, 2008, 9:03 am

These are not blue chips, just index linked or KLCI counters only.

just dun panic sell n go along with the crowd.......it's normal tat KLCI is dropping since DJ drops a whopping >300 pts last Fri! I think it will recover slightly later....then if u wan to cut loss..it would be better to do it later

Fixed. 

Yeah,toll reduced but concession will be extended....  

If I am the concessionaire,I would cling on to my toll agreement like there's no tomorrow.

Market recovering? 

Nowadays, single day overnight, thing can change.

Yesterday said no GE, today GE. Yesterday said no increase in petrol price, will only on Aug, then next day up 40%. Today said toll price decrease then tomorrow ???.

It only valid for 24 hours, haha, just joking. Just some ranting. After spending about RM200 in these 2-3 days purely only petrol. 

The problem is our Gov policies sometimes can even break solid business into a pile of rubbles. That's why I solute Gov. Gov Policies: you make money, you pay me.. You loose money, you still pay me.....

then should we sell all stakes now to keep cash???