Friday, November 23, 2007

It's Friday again

Well....another week is "gone" and my pocket is also very much lighter. In fact, one hell of "too much lighter".

Fxxk....that is how badly the stock market has impacted me. "COMA"....with most of the stocks I had dropping badly. It has been 6 weeks since the peak of the SGX and the Dow, and I have just "lost hope" trying to see a meaningful up-side for the market. Up one day but drop the next 3 to 4 days. At the end....the market got cheaper and cheaper.

My timing was so bad this time....I went in too early. Was thinking after dropping for 3 weeks...the market can find it's feet but it turns out to be a wrong move. Now.....I have lost most of my bullets and guts. What a huge different from the month of Sept. I seem to be able to predict the market well. Frankly this fall....
I too sort of right when I said this will surely "happen" but due to greed to try to make money for honey, I shot myself in both feet.

Also year-end is near....just paying of the interest of the over-drafts on the personal loans and credit cards roll-over is knocking a huge hole from my pay check now.

Thinking back....I was so confidence in August till early Oct, whatever I buy, I made money....now, whatever I buy, I lose money and badly too. When making money, it was small money as compared to my lost now.

All my predictions about the market was right except that I don't follow strictly to my own prediction....and now "fear" has taken over from confidence esp for myself.

FEAR....fear of losting more money. If I "cool" it now, the worst is that my 13 mth pay plus low profile for the next few months and I will be okay again. If I keep..."cheonging" away and the market continue "going south" then I will have no choice but to "jump" with it. And that is not nice.

4 comments:

wINtoTo N aLSo 4D...yEAh! said...

I am not alone losing money in this market. Almost everyone who play shares....lose money.

I can take heart with this fact...the trouble is that I had predicted this fall....I should have just kept myself out of the market and enjoy life, then this is a good time to loaded up today.

Now...no balls! no bullets....no gut...plus maybe no honey too. SHIT!

Unknown said...

you still can't over the notion of 'no money, no honey', right?

wINtoTo N aLSo 4D...yEAh! said...

If only I can see the future......
just like the "Heros" in TV kekeke.
Fxxked....just talking cock here.

wINtoTo N aLSo 4D...yEAh! said...

Yes...San, even if you won't mind the fact, I feel bad and hopeless.
Me....old gentleman mah, must be able to look after or at least, help my honey in every little way.

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.