Market turmoil

I knew it. I knew it. I KNEW IT.

The stock market tumbled. I'm sitting on paper lost of about 4k. I wanted to sell it. But i was in the hall writing diligently for my mgt. Oh well, nevermind. It looks i will have to stick to the stocks i am holding until the market take a u-turn.

But i guess there's one more news that caused the downward force; the collapse of Lehman Brother. They're the fourth largest investment bank in the state, but early in the morning, they declared themselves bankrupt! It is quite unimaginable for a bank to go broke. But when everyone is heading to them for money, it seem possible now.

Now the question that hang on everyone mind, who is next?

The sub-prime crisis has claimed another victim after Bear Stearn (fifth largest investment bank in the state).



Wednesday 27th September 2000

Yesterday i saw my last year classmate. he first word ask me what school i wanted to go and i said "Bukit panjang High school". Then he say " Hu..." , so i tell him that don't look down on me.