March 5th, 2007 by Hafiz Noor Shams
The Kuala Lumpur Composite Index is down for more than 4.5% today; this is the fifth consecutive day the index closes lower than the previous day. If it had gone another 1.5% down, the fall would have matched the day when the dragon sneezes. In fact, at around 1500 hours, it was scary.
It is especially hurtful when I see my stocks go down in prices like that. But I suppose, I should be optimistic and be prepared to buy as many stocks as possible soon, if indeed this fall is temporary. Where is the animal spirit when one needs it?
Oh Great One, possess us and bring us something less than irrational exuberance.
And oh Greenspan, please shut up.