ad astra per alia porci


August blues
August 1, 2007, 3:49 pm
Filed under: diary, investments/finance/economics

01/08/07

Today Asian markets dropped by a large margin, the largest I have seen since being vested in the Singapore market. The Hang Seng index fell 3.15%, Topix dropped 2.19% and the STI shed a whooping 3.27%. My portfolios are all underwater now. I really do think this is the start of the bear market. Time to buckle up for the ride ahead and watching for an opportunity to reenter the market when valuations are fairer and investor sentiments are at rock-bottom.

Advertisements

Leave a Comment so far
Leave a comment



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s



%d bloggers like this: