Friday, October 10, 2008


I must admit I'm feeling schadenfreude. I'm so glad I have no major position in KLSE. Just some stocks that I have given up a long long time ago (hopefully they don't get delisted). I know I can't stomach a 20% or 30% destruction of value if I have my life savings in the market. I hope my friends are well. I have suggested to them to get out last April. Whatever they do, I respect their nerve of steel. 

Where is the bottom? I dare not pick one. If I pick one, I will look really stupid and giving false hope to myself.  Anyway, is today a capitulation day?

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