Monday, September 15, 2008

Worldwide stock market meltdown - Monday

Fxxked....with Lehman collapse, the global shockwaves are felt worldwide. Out of the blue....my 2mths bonus and more is "gone" within a week with crisis. And frankly....this is not my only concern becoz the bigger one is that of AIG. If this goes.....I won't be able to retired, since all of my CPF fund are invested with AIG.....same goes for my better half too.

Who....the fxxked can think that AIG can be in this situation even just 2 weeks ago. Even without going soon....with the Lehman bank collapsing then lots of other smaller banks and institutions will follow suit too sooner or later. If AIG goes....then, the impact will be far worst lor.

Looking at the local share market.....wah lan, so many stocks which I bought previously eg China HongXing, Cosco, STX PO, China Energy and China XLX are selling cheap cheap....."laylong"

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