It was the most unbelievable rally I've ever seen in my life. It was like a stampede. This was due to the SEC's temporary ban on short-selling of 799 financial stocks. Same with UK, ban on short selling for financial stocks. Friday saw Wall Street extended Thursday's rally. European markets went crazy as well. At one point FTSE100 was almost 10% up. Russian MICEX was 28% up
The ban was effective Friday, to help protect any future victims of short sellers, who have been criticized in the demise of Bear Stearns, Lehman Brothers and AIG. (Short selling occurs when traders borrow a stock, betting it will go down, only to buy it at a lower price)
Portfolio's a bit stable now. Headed for Maybank's iftar session at Holiday Villa. The ox-tail soup was fantastic. Then rushed back - to drive to Birmingham. Pekena nasi briani for sahur. Then melepek the whole day.
Today went to Asda, Dunelm Mill Shop (bought pillows for Shasya & Rina), then to Wing Yip - lantak one box of 40 Indo Mie - mee goreng (share with Diny). Now, after watching Man U squandered that one goal lead against Chelsea (final score 1 - 1), off to pau making.
5 comments:
We want pau .. we want pau! :-)
pau kaya - 4, pau ayam 4 dan pau kelapa 6 yer
tak de shortening & yeast .. kureng gebu. namun masih sedap ..
Salam bro,
I'm going back to Msia today..
Selamat Hari Raya, Maaf Zahir Batin..
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