No luck lei.....totally no smell for my 4D luck today. Guess no such luck for many people too. But in S'pore....anyone can become "rich" if he has the luck.
Esp with toto and big sweep, small capital but big earning. Even for 4D...if kena the 1st prize can totally turn life up-side-down lor. Yes....only this month, I got a great feeling I can kena the "big one" soon. And surely...that will change my outlook for life, esp my life.
So....at the moment, I just hang-on to what I have and keep low profile mah.
Saturday, October 04, 2008
My part time job as AIA insurance agent.
Have already told my boss last month before this present meltdown that I wish to resign from being an agent.....somehow she didn;t want to hear what I said. Well already 20 year...as an agent but still will end.
And with the present meltdown, things will be much harder for being an AIA insurance agent. Who will want to buy lor? In fact....the first people will find it hard to want buy any insurance. Even if they may buy....most will want to think longer about the whole progress of wanting insurance.
Again on Sat afternoon...both my dist manager the one I report to, told me that she has put my name for training. Then my ex -boss, want to put my name for a manager post. Lagi .....crazy idea considering what AIA's name has gone thru during this meltdown.
Understand that the MAS has drawn out a plan....that for any tremination it is up to the individual company to act to it. Still I have to resigned from it asap. Pointless....mah.
And with the present meltdown, things will be much harder for being an AIA insurance agent. Who will want to buy lor? In fact....the first people will find it hard to want buy any insurance. Even if they may buy....most will want to think longer about the whole progress of wanting insurance.
Again on Sat afternoon...both my dist manager the one I report to, told me that she has put my name for training. Then my ex -boss, want to put my name for a manager post. Lagi .....crazy idea considering what AIA's name has gone thru during this meltdown.
Understand that the MAS has drawn out a plan....that for any tremination it is up to the individual company to act to it. Still I have to resigned from it asap. Pointless....mah.
Looking at life with all the disasters happening around us.
Yes....now esp at the stock markets around the world from US to Tokyo. But the worst is the PRC ones...they have great impact for me becoz most of my funds are invested there.
Can only hope that by the next couple of years....things will be better than now. I can only hope so for my sake lor. I also know of a whole lot of people that are having the same feeling of impact as me....so I am not alone getting screwed by this meltdown. Not that should make me feel better...but it really did.
Look around....even those "Ang Mo bankers" are also half dead now if not nearly dead. And if I can keep a low profile meaning spend less on the fun things...then I should be still around for a long time maybe just feeling a little tighter in my pocket. Cannot anyhow spend money lor. No fucking around or maybe less screwing around lor....gotto keep it a low profile. Well my motto of "No money, no honey" will ring true lor....I can understand that as I am not young anymore. In fact....I always have this policy, I never had any free fuck even when I am young.
AS for the latest bailout by the US lawmakers....I don't think the situation can improve much immediately but at least....there is a "base or floor" for which things to get better and improved on. So....looking at the share market here....I expect the shares to drop further before things can improve maybe at towards the end of this month. October is never a good month for shares trading here or in US....and in the US, Fed will have to cut interest rate down further so that the housing market can get back on their feet sooner.
Here is the same....once the share market stablised then the housing market can do the same too. Or else...no one can do any serious buying of all the outstanding condos and pte houses which will in turn then impact the HDB market.
Presently....the HDB resell market is still pretty solid becoz of PR buying and the lack of new buildings. The PRs buy becoz rents are high...and also the valuation of the HDB is high....so they only have to pay a low up-front cash for it then they will rent out the spare rooms to get back some cash every month.
Okay lor....let's hope things be better next year or we will be worst off further.
Can only hope that by the next couple of years....things will be better than now. I can only hope so for my sake lor. I also know of a whole lot of people that are having the same feeling of impact as me....so I am not alone getting screwed by this meltdown. Not that should make me feel better...but it really did.
Look around....even those "Ang Mo bankers" are also half dead now if not nearly dead. And if I can keep a low profile meaning spend less on the fun things...then I should be still around for a long time maybe just feeling a little tighter in my pocket. Cannot anyhow spend money lor. No fucking around or maybe less screwing around lor....gotto keep it a low profile. Well my motto of "No money, no honey" will ring true lor....I can understand that as I am not young anymore. In fact....I always have this policy, I never had any free fuck even when I am young.
AS for the latest bailout by the US lawmakers....I don't think the situation can improve much immediately but at least....there is a "base or floor" for which things to get better and improved on. So....looking at the share market here....I expect the shares to drop further before things can improve maybe at towards the end of this month. October is never a good month for shares trading here or in US....and in the US, Fed will have to cut interest rate down further so that the housing market can get back on their feet sooner.
Here is the same....once the share market stablised then the housing market can do the same too. Or else...no one can do any serious buying of all the outstanding condos and pte houses which will in turn then impact the HDB market.
Presently....the HDB resell market is still pretty solid becoz of PR buying and the lack of new buildings. The PRs buy becoz rents are high...and also the valuation of the HDB is high....so they only have to pay a low up-front cash for it then they will rent out the spare rooms to get back some cash every month.
Okay lor....let's hope things be better next year or we will be worst off further.
Friday, October 03, 2008
US$700 billion bailout for US market
The House approval of the government's $700 billion financial rescue plan Friday gave stocks a lift but overall failed to set off much euphoria in financial markets that are facing the reality of a prolonged economic downturn. The Dow Jones industrial average fluctuated sharply, but managed to stay in positive territory. While lawmakers voted on the plan, the Dow was up more than 300 points. After it passed, the blue chips gave up almost all their gains before turning higher again.
From the above....one can see that the market may not react much as the approval is already priced into the stocks. It was the same situation here in S'pore and our market's reaction was worst....it went 66 points down at the end of the day. I have sold my FerroChina at 62c, losing 2.5c per lot. My total loss will be about $480 lor. Fuck!!!
For China Sky....I plan to hold on to it, since it went down to 39c. My buying price is 43c.
So.....my expectation is that, the stock market has already priced this approval and at the end of the day....end-up in the red.
True....this bailout may not be a great plan to save everyone, but not having this plan will be "Super Bad".................for everyone in the US and even here. So.....let's hope this can kick start things again. HUAT AH!!!
From the above....one can see that the market may not react much as the approval is already priced into the stocks. It was the same situation here in S'pore and our market's reaction was worst....it went 66 points down at the end of the day. I have sold my FerroChina at 62c, losing 2.5c per lot. My total loss will be about $480 lor. Fuck!!!
For China Sky....I plan to hold on to it, since it went down to 39c. My buying price is 43c.
So.....my expectation is that, the stock market has already priced this approval and at the end of the day....end-up in the red.
True....this bailout may not be a great plan to save everyone, but not having this plan will be "Super Bad".................for everyone in the US and even here. So.....let's hope this can kick start things again. HUAT AH!!!
Qtr-end
Wah...rao I managed to get thru this period without loosing my mind over work.
Luckily with a little distraction by the stock market....I managed to keep my "mind"
focus on the job at hand and just keep moving along.
On the whole....esp this Sept, I did managed to winsome and losesome but still in the'
end still suffer a loss. Fxxked...lor, all the extra bonus and profit sharing is "burnt" plus
the 4D winning too.
Luckily with a little distraction by the stock market....I managed to keep my "mind"
focus on the job at hand and just keep moving along.
On the whole....esp this Sept, I did managed to winsome and losesome but still in the'
end still suffer a loss. Fxxked...lor, all the extra bonus and profit sharing is "burnt" plus
the 4D winning too.
Thursday, October 02, 2008
Emotion dried up just following the stock market
Yes.....with the extreme swings of the market lately some people has done pretty well while the majority suffer all sorts of impacts eg paper loss for investment, losing money by choosing the wrong shares or even losing their job as the daily situation get from bad to worst.
With the above then it is normal for people to lose sleep from investing. For me....yes always not resting enough hehehe. Losing money lor....in what else but the share market lor.
One moment "UP"....then the next few session "down". There are more "down" sessions than having the "UP" ones....so that is bad esp bad for my pocket. Felt like....having all my emotions drained from my body. Just left "up and dry" lor.
Just think back a month or so, things are totally not the same. People are talking about what the government must do to sort out the situstion before thing get worst.
With the above then it is normal for people to lose sleep from investing. For me....yes always not resting enough hehehe. Losing money lor....in what else but the share market lor.
One moment "UP"....then the next few session "down". There are more "down" sessions than having the "UP" ones....so that is bad esp bad for my pocket. Felt like....having all my emotions drained from my body. Just left "up and dry" lor.
Just think back a month or so, things are totally not the same. People are talking about what the government must do to sort out the situstion before thing get worst.
Stock market up-date
Again....it goes "yo-yoing" the whole day even when it was confirmed that the US higher house has okay the US$700 billion bailout plan. Immediately after that...it went up by more than 30 plus points then within 10 mins....it started to fall back and even into the "RED". Same for the HK market and markets all over the World.
Then....it slowly recovered when the European markets open higher and that did help stablised the HK market which in turn help our market here in S'pore.
FerroChina....was at 61c then shot up to 64.5c....then again fell back to 60c at one point before recovering to close 1c higher at 63.5c. Same goes for China Sky....it also closed higher by 1c to 39.5c. My cost was at 64.5c for FerroChina and 43c for China Sky.
As I blogged now....the US market again is still staying in the "SOUTH" by more than 230+ points due to some employment datas showing the jobless claim went up. Sighed....shit!
Maybe....by morning things will improve.
Then....it slowly recovered when the European markets open higher and that did help stablised the HK market which in turn help our market here in S'pore.
FerroChina....was at 61c then shot up to 64.5c....then again fell back to 60c at one point before recovering to close 1c higher at 63.5c. Same goes for China Sky....it also closed higher by 1c to 39.5c. My cost was at 64.5c for FerroChina and 43c for China Sky.
As I blogged now....the US market again is still staying in the "SOUTH" by more than 230+ points due to some employment datas showing the jobless claim went up. Sighed....shit!
Maybe....by morning things will improve.
Wednesday, October 01, 2008
US stock market
As I am blogging this....during the night, the market dropped more than 200 points from the start...then recovered until it went up by 30 points. Now....with another 1hr or so of trading left, the index has gone "south" again by more than 60 points.
Guessed it will yo-yo for the next couple of sessions until a clear direction by the US policies makers decide what best to do to support the market or just to let nature runs it's course. By that....a couple of more trillion will go down the drains as like on Monday's 777 points drop. Reported that 1 trillion US $ was losed in US alone.
What about the whole world???? Russia market stopped trading with a limit down meaning it went south by more than 10% at the start. So....they stopped trading for the day.
Only market...India is still showing gains for these few days. Maybe they have more support from their leaders.
SGX has no trading on Wed....hari raya but will opne for trading tomorrow. Maybe I will take a small loss for FerroChina then holding on to it.
I have made up my mind on how I will trade in future....no more rushing to buy but shall wait till there is a big drop before picking up the bargains. For now....to sell off some of my holding in cash and from my CPF account to pare down on my holding and turn this into cash for future punts.
Guessed it will yo-yo for the next couple of sessions until a clear direction by the US policies makers decide what best to do to support the market or just to let nature runs it's course. By that....a couple of more trillion will go down the drains as like on Monday's 777 points drop. Reported that 1 trillion US $ was losed in US alone.
What about the whole world???? Russia market stopped trading with a limit down meaning it went south by more than 10% at the start. So....they stopped trading for the day.
Only market...India is still showing gains for these few days. Maybe they have more support from their leaders.
SGX has no trading on Wed....hari raya but will opne for trading tomorrow. Maybe I will take a small loss for FerroChina then holding on to it.
I have made up my mind on how I will trade in future....no more rushing to buy but shall wait till there is a big drop before picking up the bargains. For now....to sell off some of my holding in cash and from my CPF account to pare down on my holding and turn this into cash for future punts.
Weekend 4D luck then black monday blues!
Well....for the past weekend my 4D luck was better than just so so. Lose some, win some also. Meaning only kena the small fries hehehe. Sat....1K fr 3rd prize no then Sun....1.65K fr 1 starter and 1 cons no each. The unlucky part....on Sat, changed the front no for the straight bets so kena the I-bet. But on Sun....it was so lucky that I anyhow sent out the old sms and won extra 1.5K.
Then came Monday....itchy backside and I go rush into buying some 35 lots of shares ( 20 lots of China Sky @ 43c and 15 lots of Ferrochina @ 64.5c ) at the start of trading ard 9:10am. By the time I went home from pray pray at ard noon, both were showing a loss. Don't want to see...so
go and sleep but the time I woke up to cook dinner. SHit....they were at 39c and 58.5c. Super fxxked....what I made at 4D can't even cover for the paper loss esp after minus the cost of the bets. Worst is the come....the US index future went down and by morning, the result was plain to see.....the biggest point drop in US history 777 points meltdown. I was like cursing the mother-fxxkers in US congress for screwing up the bailout plan. True....in the first 30 mins, the bottom fell off for the SGX. China Sky was at 32.5c and Ferrochina was at 50.5c....my hands and feet got cold....even the sky was crying as it was very dark and raining heavily. Fxxk!!! switched off the TV and go to room to read the newspapers and sleep.
Then around 11am...the sky also starting to clear up and the rain stopped, it was like a omen thing....so went to check on the price and yes....both have started to recover, in fact most of the shares were up as compared to the earlier prices. Even the SGX index show imporvement fr down 122 to 31. But before the lunch break...it fell back to minus 60. Anyway....I was busy preparing to pick up what I bought, so go check on my bank accounts....and slow talk with wife and she is supportive....so should be no problem to pay for it.
So...I cooked and ate my lunch then go and sleep on it lor. At dinner time....checked and was presently surprised to find that both have recovered from the earlier falls. China Sky closed @38c and FerroChina went even better with a close of 62.5c. At least....I can stomach the smaller loss even if i decided to sell before due date becoz I don't quite like to take my wife's saving. Just not shiok even when she is so supportive...becoz she is better in saving than myself so what she saved is for only serious raining day's use and not for shares.
The shitty thing is....as I am blogging this, the fxxking US market is down over 200 points. Fxxked again? All becoz of some problems with the bailout plan again. These people already know how to screw-up the world and caused more headaches for all people everywhere.
Then came Monday....itchy backside and I go rush into buying some 35 lots of shares ( 20 lots of China Sky @ 43c and 15 lots of Ferrochina @ 64.5c ) at the start of trading ard 9:10am. By the time I went home from pray pray at ard noon, both were showing a loss. Don't want to see...so
go and sleep but the time I woke up to cook dinner. SHit....they were at 39c and 58.5c. Super fxxked....what I made at 4D can't even cover for the paper loss esp after minus the cost of the bets. Worst is the come....the US index future went down and by morning, the result was plain to see.....the biggest point drop in US history 777 points meltdown. I was like cursing the mother-fxxkers in US congress for screwing up the bailout plan. True....in the first 30 mins, the bottom fell off for the SGX. China Sky was at 32.5c and Ferrochina was at 50.5c....my hands and feet got cold....even the sky was crying as it was very dark and raining heavily. Fxxk!!! switched off the TV and go to room to read the newspapers and sleep.
Then around 11am...the sky also starting to clear up and the rain stopped, it was like a omen thing....so went to check on the price and yes....both have started to recover, in fact most of the shares were up as compared to the earlier prices. Even the SGX index show imporvement fr down 122 to 31. But before the lunch break...it fell back to minus 60. Anyway....I was busy preparing to pick up what I bought, so go check on my bank accounts....and slow talk with wife and she is supportive....so should be no problem to pay for it.
So...I cooked and ate my lunch then go and sleep on it lor. At dinner time....checked and was presently surprised to find that both have recovered from the earlier falls. China Sky closed @38c and FerroChina went even better with a close of 62.5c. At least....I can stomach the smaller loss even if i decided to sell before due date becoz I don't quite like to take my wife's saving. Just not shiok even when she is so supportive...becoz she is better in saving than myself so what she saved is for only serious raining day's use and not for shares.
The shitty thing is....as I am blogging this, the fxxking US market is down over 200 points. Fxxked again? All becoz of some problems with the bailout plan again. These people already know how to screw-up the world and caused more headaches for all people everywhere.
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