Wednesday, March 11, 2009

Run for your life: Hopeless Bursa Malaysia

After 2 years of trading in Bursa Malaysia, i finally give up on buying any shares until the situation improves, especially in the gov. I am also saddened with the current crisis happening in my beloved state, Perak. In these 2 years of trading, i have learned so many things, one thing for sure is that we cannot hope..haha...

And for those shares that i am holding, i will dispose them as when their price rebound, becoz i think the worse has yet to come. Stimulus package totalling RM 60 Billions has failed to ignite any fire in the shares price. When the regional market up today, Bursa went to holland, it seems like the RM 60 billions is worthless in the investors mind or it is just plain toilet papers or Zimbabwe currency.-grin-

And after seeing so many things happen in our country, i lost hope in it. I cant fight this bear alone, and now not many people want to fight. They just stand aside seeing everyone get slaughtered by the bear. You can ask around, how many aunties or uncles were still in the Bursa now?

Although my body is always pumped up with adrenalin, my brain is asking me to RUN rather than to FIGHT the bear.

Here i recommend SELL ALL SHARES if u r still holding. This bear is just too strong. Last week i heard from my wife, one uncle in Teluk Intan ran away after he suffered massive injuries trying to fight it, and yet he is one of the famous biz owner in Teluk Intan.

So, now what? I guess i just keep money to do the killing later. -grin-
(now only holding BJTOTO after disposing all today)

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