A State of Early Shock!

What an eventful day! I was watching in horror the performance of Kuala Lumpur Stock Exchange this morning and wow!! our index fell by 100 points within minutes of the opening bell! This is a whopping 8% off from yesterday's close, taking the cue from regional markets and the overnight sell-off on Wall Street! For the matter, Dow Jone fell more than 3% overnight and is the worse fall in the aftermath of Sept11 attack!

Just few days ago, Malaysia stockmarket was buzzing with excitement as the index had reached all time high. Retail investors, analyst and journalist were all so excited with the market potential that many of them have predicted the index to surpass Malaysia's historic new high (ie., 1332) to happen this year! The entire prediction has now turned upside down in a matter of days if not hours! No thanks to China's Shanghai stockmarket which plummeted more than 8% yesterday and created a worldwide typhoon! I can't help it but old painful memories reminiscent of the 1997 Thailand's market crash came into my mind! Is this another "tom-yam" effect that is going to blow away worldwide stockmarkets like a storm?? My analysis of the current situation is next. Stay tune.

A New Era (continues..)

Just to finish off my previous post, it is also worth mentioning a special thank you to all my pal from "My Perfect10" Club, particularly Franco and Cheong! I won't have written my own blog so soon without your encouragement! Also a special thanks to my coach Fione! I will also be creating links to my pal's respective Blogs soon...stay tune!

Regards

A New Era

Hi, welcome and thank you for visiting my Blog! Frankly, this is the first time ever I am writing a blog of my own...So in a way there is a great sense of achievement and a new era personally for myself for the way I communicate with all my friends out there! This is probably a surprise for my friends due to my background in I.T.! Well, it is a shame for me but guess it is never too late!, right!

Well, I only learned about Blogging from my friend David Chin some time last year but really only get to see the real impact of blogging and how the way it dramatically changes people's way of life and the world of communication as recently as 4 months ago! I always wonder how on earth Bloggers have so much to talk about and I was told some bloggers actually write or post a a new blog in a matter of minutes!! Well, i don't think I can do this but really, this amazes me a lot....

Well, so much for the intro... You will hear more from me soon and hopefully I can make some new friends along the way as well...Bye and take good care of yourself!