mr@mrmrschan.com: June 2009

Thursday, June 25, 2009

Feisty Princess Charmaine Needs Money to fight cancer battle

In my previous blog i share with you that i earn small money about SGD 70 today.

But I think these money will be gone for good. Just heard from my friend about the story of this girl - Charmaine. She suffer from cancer and now need money to fight her battle. Think all my earning today will be gone, perhaps even more than that, but that's for the good.

Any friends care to join? I am going to write a cheque to her soon, pending my friend Tracy to check how to. My friends call me if you care to join. Alternatively, those who do not know me personally can visit the blog about her to find out more

Made small money today thanks to China Hongx

Struggle to buy at 0.155 this morning, then queue again at 0.160 and finally got it at 0.165
Sold it at 0.170 manage to get the 0.5 cents difference.
Minus off the transaction fee, should be making about SGD 70 + small money but enough for 2 restaurant meal :)

Monday, June 22, 2009

Sign of 2nd wave market crash / correction ?

(Graphics from Poems.com.sg and my.yahoo.com)

Look at the chart you will know what I mean. Recent bull market is based on speculation without economical foundation. Seems like 2nd wave of market crash and market correction is coming.

Please be careful when you enter into market now. Those who in the market, I think it's rational to leave now. Most of the companies out there are suffering from losses and are still retrenching, and yet stock market has been doing well, it can't like that right? Certainly something is wrong and could be the people has no where else to place their money but speculation. And when companies start to release their second quarter financial report, the market can get worse.