Market Mispricing

World Indexes went dramatically south today, with the HENG SENG drop over 1200 pts in early afternoon session.
With most of the stocks tumble like never before, this become a classic example of market mispricing as CHINA-related stocks with no overseas exposure were also seriously affected.

This is also a classic example of how reversal of MARKET SENTIMENT can drag down even the most valueable company.

SUB-PRIME? (known for years!!)
UNWINDING CARRY TRADE? (have been opreated especially JPY/USD for years!)
or EXCESS LIQUIDLITY (left behind by GREENSPAN) chasing for unrealistic return?

The JAPAN AND US CENTRAL BANK are definietly the prime suspects causing this market meltdown

Investment through Discipline

Have not been back for exactly one year!!

Will start it all over again from stretch today. This ball game is called the NET WORTH CREATION:-

CMB 5000 28.6
CMB 1000 27.5
CMB 1000 26.8

Aim for 40,000