Greed & Fear

Daddy I lost it on the mkt! I was outta luck... ... alrite I was just plain stupid!!!

What was I thinking?

1. Gettin in at the top of the mkt, when correction was imminent
2. Bettin on a laggard that everybody had shunned
3. Puttin money not directly into the counter but into one of its derivatives
4. Choosin the ONE that was about to expire
5. Holdin onto it after makin a 10 percent loss
6. Still holdin it when others were exitin fast
7. Finally tryin to get out when it was worth Nothin
8. Realizin the grave situation AFTER losin EVERYTHING

Dad I thought I had nailed it... my big money makin opportunity! I mean look at my recommendations that have actually gone up by more than 30% (unfortunately I did not long)... I thought I had it this time too (actually given the risk I was expecting a return of more than 50 percent in acouple of days) but the difference is my money was in my mouth!!! Pls dont tell mom!

An expensive lesson: Anythin givin you a return of 5% and above in A DAY is good enough (compound it idiot) !!! And bloody hell do your homework (wld've given u the confidence to buy the friggin winners) !!!

Reality Check

Crude oil prices have yet to fall below $60 and the OPEC members are already comtemplating cutting production!

The debate comes as crude has tumbled sharply since midsummer, amid a softening world economy and a drop-off in big oil-supply outages. Unresolved, the tensions could intensify any rout in prices as members of the Petroleum Exporting Countries duke it out for market share. Several OPEC ministers have said the cartel will likely need to slash supply early next year - AWSJ

Prime Minister (or ex-) Thaksin Shinawatra taking refuge in UK (seen shopping with daughter in central London - been just acouple of days since he was ousted, good that he's taking it so well)

At the same time, the coupmakers appear to be preparing to move more directly against Mr. Thaksin, who was in the U.S. at the time of the coup and is now in London. In a step widely seen as a bid to build a criminal case against the ousted premier and help justify the coup, the military council has empowered Thailand's top graft investigator, Auditor-General Jaruvan Maintaka, to investigate allegations of corruption in Mr.Thaksin government. It isnt clear whether Mr.Thaksin, who said Thursday he was "resting" in the UK intends to return to Thailand - AWSJ

Amaranth losses top US$6b!!! Hmmm I've questioned time and time again, and I finally think I know why I love the world of finance! Aint it great to blow US$6b? Twice Fiji's GDP!

Amaranth Advisors, the hedge fund company that imploded after making wrong-way bets on natural gas, said losses swelled by US$1.4b this week after the firm had to unload assets at a discount to avoid a shutdown. As of Tuesday, Amaranth funds plunged 65 percent or more than US$6b, founder Nicholas Maounis said in a letter to investors. That leaves the firm with less than US$3.5b in assets - SCMP

The Pope has apologized to the Muslims for making offensive remarks. Dont think it's a good idea to critique an institution/religion that would go out of its way to promote its cause.

No one wants to offend, so we assume a public position of liberal tolerance, hoping that good-willed, nonconfrontational dialogue, which criticizes "our" possibly offensive behaviour while downplaying "theirs," will somehow lead to a more peaceful, ecumenical world - AWSJ

Killing me Softly

In the words of a broken heart

It's just emotion that's taken me over

Caught up in sorrow

Lost in my soul...

- Bee Gees (Emotion)

Life has such a way of throwing you a curve ball every now and then... doesnt matter most of the time, but when it is a real important game and you dont catch it... you're out and it's gameover.

The worst thing is... sometimes you feel so close to the trophy - you see it, envision it, live it, and you know you're gonna take the baby home - but darn those penalty kicks! Life's unfair!

Breaks your heart into a million pieces... and you just dont know how you're gonna carry on; you dont know when and how you're goin to heal... or if you'd have the stamina or the faith to wait for your next chance. Sometimes the pain is so overwhelming that you stop feeling and stop hoping for another trophy in your life. It sucks life outta you and leaves you with this vast emptiness in place of where ya heart's supposed to be.

Where's the one voice that tells you everything's going to be alright???

Show must go on. Sometimes you end up playing another game but most of the time you keep thinking of the trophy that was meant to be yours! You knew it was this close! But now it's gone.

Hurts like Hell - like a billion daggers piercing you - will I survive?