Sunday, November 11, 2007 x 2:20 PM

It's been quite some time since i've started to blog again.

Spend much of my time on the stock market which is now my hobby.

Volatile is the best word to describe the stock market globally due to sub-prime mortages which is the core of the problem. End result is clearly the diving of major stock markets and top banks have to write-off the losses.

Been trying out the stock market for some time & it's really not suitable for the fainted heart.
The prices moving up & down can really cause your heart to move up & down as well.
One of my colleagues lost around 50k due to the CDOs ( Collateral Debt Obligations ) when alot of home defaults from US side starts to kick in, causing the market to plunge.

In the past i always wonder how people can lose such a big amount in stocks and after being inside the picture myself, i can now really understand the situation. For those who want to start investing your money into the stock market, pls be more rational when making decisions.

Too hook up on the martket right now. Basically my home page is SGX website http://www.sgx.com/ with all the prices and bloomberg http://www.bloomberg.com/ is my secondary sites for all the global information

( for Dow Jones index you can refer to this http://finance.google.com/finance?q=INDEXDJX:.DJI )

I should be looking forward to weekends but somehow i dun look towards it.
Reason is that the stock markets are not open!!!
( A friend actually told me to seek counseling with this problem..something to do with the gambling social issues which will happen once the singapore casino start to operate.
I think their hotline would not entertain me ...haha )

Hopefully the market will correct itself once & for all and start picking up asap from the start of 2008 and everyone can start to make big money again.

Still stuck at UOB right now, already 1 yr and 2 mths with this operation job in Chinatown ( south bridge branch ) There's a bunch of very fun colleagues to work with & they are all like my god-mums. The only bad thing is the pay ( not high lo, wat else ). So right now i'm trying to switch job into something related to my interest, something to do with the stock market.

Previously i was called for an interview at Lim & Tan Securities for the role of central dealer.But somehow the appointment was called off as there's an applicant who is more suitable than me. The HR told me that he had CMFAS module 1 and 6 taken, so he can immediately start on the new job. Of course in this way the company do not need to spend extra resources on him. Damn piss off lor, i thought i can finally find a job i like but now it's gone.
( basically how do you know u like your job? Here's an example. If you wake up in the morning and do not feel like draggin your ass out of ur bed , most probably answer is you do not like your job. )

In the end i went to take the CMFAS module 1B last week and manage to pass it, lucky.
Right now i've registered for M6 & the exam is this coming january. Hopefully i can pass it with a single try and switch to a trader or dealer job asap.

My current job is actually not too bad, but just tat there are always some weird customers who like to make things difficult for me ( Future entries i will list some examples, very extreme ones) Without them the work is basically very relax. Fixed timing with no OT and you can't bring work home, what more can you ask? ( except for more pay )

Tomo is Monday and i'll be looking forward to it!!! No more weekend blues as the market is starting at 9am sharp, yeah!!!!