ad astra per alia porci

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


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.


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