What a fearful Monday! In Hong Kong, we start to see the real bear walking in when the Hang Seng Index fell almost 2,000 pts today. Well, Hong Kong ends at about 10,000 today and is down over 40% from the level in Aug 2007. But too bad, this is still not near my target price! Call me greedy but a drop of 40% is nothing when compared with the collapse of the stock prices in other stock markets.
Now what is upsetting is that the Bear still refuses to dance in US. The Dow does not move downward or upward; it does not really move. The bear is never my friend when I need it! Now I know the easiest way to send the bear away is to tell the bear to come and dance! It's a damned coward and won't dare to come even close when you ask it to do so.
Once again our great hero, Warren Buffett, is winning. Why? He has been buying like a bull! The bear got frightened and is running away from our circle of fire. Come back, you fool; there is still a lot of food here!
We still have several hours to go before the market close today. Let's see whether the bear will be our good baby and come back to dance on the floor.
I am ready to eat the bear
I have waited for too long and can't bear it now
I have walked through the valley of death and bear the fear of death
I have no more feeling and only greed, hunger and anger are bearing inside me
I have nothing to hunt now except you my dear little Bear!
God, why have you forsaken us? Why are you doing nothing?
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