Tuesday, October 23, 2007

Chicken run

'I still sold [PetroChina] way too soon.'
— Warren Buffett

'I sold PetroChina CWs too soon.'
— swifz


I scrambled out like a chicken when the market drops. This time, when things are not clear in my mind, I run. The last time I didn't run, I was rolled over like roti canai. I'm obsessed with protecting my capital and profit. My mind is filled with questions.

Is it a correction? Is it the continuation of downtrend? Double-top? Bubble-top? Election-push up? Oil shock? Gold shock? Dollar shock? Year-end window dressing? Bonus time? Subprime? Rate-cut? Halloween horror?

Arrgghhh. Bounce up and down. Hard to read the charts.

Ok. Back to daytime work.

1 comment:

M Nazri said... is uncertain. it is choppy market. up and down very fast and the is good for day traders. The underlying Hand Seng and Shanghai shares call warrants are popular.